https://www.taxtmi.com/caselaws?id=114103 The Appellate Tribunal CESTAT, Mumbai granted a total waiver of the pre-deposit of duty and penalty for capital goods destroyed in a fire incident. The Tribunal found that the applicants had complied with Rule 3(4) of the Cenvat Credit Rules, 2002 by paying duty on salvaged goods post the fire, establishing a prima facie case for waiver. The waiver was granted, with a stay on recovery pending the appeal, due to the applicants' fulfillment of the duty payment requirement on salvaged goods. en-us Wed, 25 Aug 2004 00:00:00 +0530 Fri, 11 May 2012 12:25:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114103 The Appellate Tribunal CESTAT, Mumbai granted a total waiver of the pre-deposit of duty and penalty for capital goods destroyed in a fire incident. The Tribunal found that the applicants had complied with Rule 3(4) of the Cenvat Credit Rules, 2002 by paying duty on salvaged goods post the fire, establishing a prima facie case for waiver. The waiver was granted, with a stay on recovery pending the appeal, due to the applicants' fulfillment of the duty payment requirement on salvaged goods. Case-Laws Central Excise Wed, 25 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114103