https://www.taxtmi.com/caselaws?id=107115 In an excise pre-deposit waiver dispute involving Modvat credit, the Tribunal found that the assessee had not shown a strong prima facie case because the inputs on which credit was taken were not shown, on the technical material relied upon, to be suitable for manufacture of HDPE pipes under the applicable specification. Full waiver was therefore declined, although financial hardship was noted and comparable orders were considered. Partial relief was granted by directing deposit of the specified amount within eight weeks, staying recovery of the balance duty and penalty during pendency, and waiving pre-deposit of the partner's penalty. en-us Mon, 25 Nov 2002 00:00:00 +0530 Sat, 17 Mar 2012 17:09:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107115 In an excise pre-deposit waiver dispute involving Modvat credit, the Tribunal found that the assessee had not shown a strong prima facie case because the inputs on which credit was taken were not shown, on the technical material relied upon, to be suitable for manufacture of HDPE pipes under the applicable specification. Full waiver was therefore declined, although financial hardship was noted and comparable orders were considered. Partial relief was granted by directing deposit of the specified amount within eight weeks, staying recovery of the balance duty and penalty during pendency, and waiving pre-deposit of the partner's penalty. Case-Laws Central Excise Mon, 25 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107115