https://www.taxtmi.com/caselaws?id=116214 Entitlement to waiver of pre-deposit turned on whether flame proof glass light fittings used for factory illumination could be treated as machinery, equipment or capital goods eligible for Modvat credit under Rule 57Q of the Central Excise Rules, 1944. On a prima facie review of competing Tribunal views, the CESTAT preferred the view that such light fittings did not qualify as eligible capital goods for credit. The absence of any plea of financial hardship also weighed against relief. Waiver of pre-deposit was therefore refused, and the appellant was directed to deposit the disputed amount within four weeks. en-us Thu, 07 Apr 2005 00:00:00 +0530 Fri, 08 Jun 2012 18:48:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116214 Entitlement to waiver of pre-deposit turned on whether flame proof glass light fittings used for factory illumination could be treated as machinery, equipment or capital goods eligible for Modvat credit under Rule 57Q of the Central Excise Rules, 1944. On a prima facie review of competing Tribunal views, the CESTAT preferred the view that such light fittings did not qualify as eligible capital goods for credit. The absence of any plea of financial hardship also weighed against relief. Waiver of pre-deposit was therefore refused, and the appellant was directed to deposit the disputed amount within four weeks. Case-Laws Central Excise Thu, 07 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116214