https://www.taxtmi.com/caselaws?id=111443 The Tribunal allowed the appellant's stay petition unconditionally, favoring the appellant's claim for deemed credit at 12% of the invoice price under Notification No. 58/97-C.E. The Tribunal's interpretation of Para 2 and Para 4 of the notification supported the appellant's position, emphasizing that granting credit based on actual duty paid would defeat the purpose of providing deemed credit. The main appeal was scheduled for final disposal, recognizing the merits of the appellant's case in seeking dispensation of the pre-deposit condition and clarifying the availability of deemed credit for manufacturers of final products. en-us Wed, 11 Feb 2004 00:00:00 +0530 Mon, 23 Apr 2012 15:18:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111443 The Tribunal allowed the appellant's stay petition unconditionally, favoring the appellant's claim for deemed credit at 12% of the invoice price under Notification No. 58/97-C.E. The Tribunal's interpretation of Para 2 and Para 4 of the notification supported the appellant's position, emphasizing that granting credit based on actual duty paid would defeat the purpose of providing deemed credit. The main appeal was scheduled for final disposal, recognizing the merits of the appellant's case in seeking dispensation of the pre-deposit condition and clarifying the availability of deemed credit for manufacturers of final products. Case-Laws Central Excise Wed, 11 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111443