https://www.taxtmi.com/caselaws?id=115761 The Tribunal granted the waiver of pre-deposit and stay of recovery to the appellants concerning the denial of exemption under Notification No. 5/98 for duty and penalty amounts exceeding Rs. 6.78 crores. It was determined that the appellants met the conditions for exemption by primarily selling the electricity generated using Low Sulphur Heavy Stock (LSHS) as fuel, aligning with the Notification's requirements for Government-owned Electricity Undertakings. The Tribunal found that the appellants' electricity production was predominantly for sale, supporting their eligibility for the exemption. en-us Wed, 27 Oct 2004 00:00:00 +0530 Fri, 01 Jun 2012 16:45:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115761 The Tribunal granted the waiver of pre-deposit and stay of recovery to the appellants concerning the denial of exemption under Notification No. 5/98 for duty and penalty amounts exceeding Rs. 6.78 crores. It was determined that the appellants met the conditions for exemption by primarily selling the electricity generated using Low Sulphur Heavy Stock (LSHS) as fuel, aligning with the Notification's requirements for Government-owned Electricity Undertakings. The Tribunal found that the appellants' electricity production was predominantly for sale, supporting their eligibility for the exemption. Case-Laws Central Excise Wed, 27 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115761