https://www.taxtmi.com/caselaws?id=94927 Pre-deposit of the balance duty and penalties was waived where the challenge raised prima facie merit on valuation of captive clearances and the applicability of penalty provisions. The demand largely concerned a scheduled bulk drug with a price fixed by the drug control authorities, and the applicants also relied on revenue neutrality through available Modvat credit to recipient factories. Prior payment of the admitted differential duty before the show-cause notices further supported the interim relief. These factors were treated as sufficient to justify waiver pending appeal. en-us Mon, 27 Sep 1999 00:00:00 +0530 Mon, 05 Dec 2011 18:20:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94927 Pre-deposit of the balance duty and penalties was waived where the challenge raised prima facie merit on valuation of captive clearances and the applicability of penalty provisions. The demand largely concerned a scheduled bulk drug with a price fixed by the drug control authorities, and the applicants also relied on revenue neutrality through available Modvat credit to recipient factories. Prior payment of the admitted differential duty before the show-cause notices further supported the interim relief. These factors were treated as sufficient to justify waiver pending appeal. Case-Laws Central Excise Mon, 27 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94927