https://www.taxtmi.com/caselaws?id=103587 In a dispute over denial of Notification No. 203/92-Cus. benefit following earlier availment of input stage credit, the tribunal considered whether complete waiver of pre-deposit and stay of recovery should be granted. It noted the duty, interest and penalty demand, and found that the applicants had not made out a prima facie case for total waiver, particularly in view of the objection that reversal of credit and payment of interest were outside the Amnesty Scheme timeline. Pre-deposit of Rs. 15 lakhs towards duty was directed within eight weeks, and the balance duty and penalty were stayed pending appeal. en-us Thu, 26 Jul 2001 00:00:00 +0530 Thu, 23 Feb 2012 18:14:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103587 In a dispute over denial of Notification No. 203/92-Cus. benefit following earlier availment of input stage credit, the tribunal considered whether complete waiver of pre-deposit and stay of recovery should be granted. It noted the duty, interest and penalty demand, and found that the applicants had not made out a prima facie case for total waiver, particularly in view of the objection that reversal of credit and payment of interest were outside the Amnesty Scheme timeline. Pre-deposit of Rs. 15 lakhs towards duty was directed within eight weeks, and the balance duty and penalty were stayed pending appeal. Case-Laws Customs Thu, 26 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103587