https://www.taxtmi.com/caselaws?id=95037 Waiver of pre-deposit was considered in relation to Modvat credit on capital goods where the declaration was filed after receipt of the goods. The Board's circulars clarified that credit should not be denied merely because the declaration was filed after receipt, so long as a proper declaration was filed before credit was taken. As the unit had been registered shortly before the declaration, the balance of convenience was held to favour the applicants at the interim stage, and waiver of pre-deposit of duty and penalty was granted for hearing of the appeal. en-us Wed, 01 Nov 2000 00:00:00 +0530 Wed, 07 Dec 2011 14:35:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95037 Waiver of pre-deposit was considered in relation to Modvat credit on capital goods where the declaration was filed after receipt of the goods. The Board's circulars clarified that credit should not be denied merely because the declaration was filed after receipt, so long as a proper declaration was filed before credit was taken. As the unit had been registered shortly before the declaration, the balance of convenience was held to favour the applicants at the interim stage, and waiver of pre-deposit of duty and penalty was granted for hearing of the appeal. Case-Laws Central Excise Wed, 01 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95037