https://www.taxtmi.com/caselaws?id=115663 The Tribunal granted a partial waiver of duty and penalty to the appellants, subject to a partial pre-deposit, due to the financial hardship faced by them and discrepancies in the norms applied by the Department and those prescribed by APSEB. Despite the Department's allegations of misuse of Modvat credit, the Tribunal found insufficient explanation for favoring APSEB norms over Exim Policy norms. The decision aimed to alleviate the financial burden on the appellants while ensuring compliance with legal obligations, striking a fair balance between their interests and legal requirements. en-us Fri, 22 Jul 2005 00:00:00 +0530 Thu, 31 May 2012 18:16:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115663 The Tribunal granted a partial waiver of duty and penalty to the appellants, subject to a partial pre-deposit, due to the financial hardship faced by them and discrepancies in the norms applied by the Department and those prescribed by APSEB. Despite the Department's allegations of misuse of Modvat credit, the Tribunal found insufficient explanation for favoring APSEB norms over Exim Policy norms. The decision aimed to alleviate the financial burden on the appellants while ensuring compliance with legal obligations, striking a fair balance between their interests and legal requirements. Case-Laws Central Excise Fri, 22 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115663