https://www.taxtmi.com/caselaws?id=116267 Modvat credit on inputs remaining in stock when the final product becomes exempt is not available for use against exempt manufacture, so waiver of pre-deposit was refused and the duty demand was not stayed. Financial hardship was held insufficient to withhold payment of government dues. A show cause notice is not invalid merely because it cites Section 11A if it also alleges contravention of the relevant Modvat rules and the underlying breach is otherwise clear; the notice therefore remained valid on that ground. en-us Wed, 04 May 2005 00:00:00 +0530 Sat, 09 Jun 2012 13:31:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116267 Modvat credit on inputs remaining in stock when the final product becomes exempt is not available for use against exempt manufacture, so waiver of pre-deposit was refused and the duty demand was not stayed. Financial hardship was held insufficient to withhold payment of government dues. A show cause notice is not invalid merely because it cites Section 11A if it also alleges contravention of the relevant Modvat rules and the underlying breach is otherwise clear; the notice therefore remained valid on that ground. Case-Laws Central Excise Wed, 04 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116267