https://www.taxtmi.com/caselaws?id=127975 The tribunal addressed an application for waiver of pre-deposit of balance duty amount, directing the appellants to deposit Rs. 10,00,000 within 8 weeks to stay recovery pending appeal. Regarding the interpretation of Rule 3(5) of the Cenvat Credit Rules, 2004, the tribunal found appellants obligated to reverse the full credit amount on capital goods removed from the factory, contrary to their partial reversal based on sales value. Non-compliance with the deposit directive would result in vacation of stay and appeal dismissal. en-us Mon, 17 Aug 2009 00:00:00 +0530 Mon, 25 Mar 2013 14:17:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127975 The tribunal addressed an application for waiver of pre-deposit of balance duty amount, directing the appellants to deposit Rs. 10,00,000 within 8 weeks to stay recovery pending appeal. Regarding the interpretation of Rule 3(5) of the Cenvat Credit Rules, 2004, the tribunal found appellants obligated to reverse the full credit amount on capital goods removed from the factory, contrary to their partial reversal based on sales value. Non-compliance with the deposit directive would result in vacation of stay and appeal dismissal. Case-Laws Central Excise Mon, 17 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127975