https://www.taxtmi.com/caselaws?id=151751 The Appellate Tribunal CESTAT CHENNAI granted the application for waiver of predeposit of duty amounting to Rs. 59,90,246/- + Rs. 20,80,628/- along with interest and penalty. The waiver was in relation to a demand arising from default in payment of duty for specific months, invoking Rule 8(3A) of the Central Excise Rules, 2002. The Tribunal accepted the applicants' argument that Cenvat credit could be used for arrears payment, supported by a Tribunal decision. The recovery of the disputed amounts was stayed pending appeal. en-us Wed, 05 Aug 2009 00:00:00 +0530 Fri, 14 Jun 2013 18:40:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151751 The Appellate Tribunal CESTAT CHENNAI granted the application for waiver of predeposit of duty amounting to Rs. 59,90,246/- + Rs. 20,80,628/- along with interest and penalty. The waiver was in relation to a demand arising from default in payment of duty for specific months, invoking Rule 8(3A) of the Central Excise Rules, 2002. The Tribunal accepted the applicants' argument that Cenvat credit could be used for arrears payment, supported by a Tribunal decision. The recovery of the disputed amounts was stayed pending appeal. Case-Laws Central Excise Wed, 05 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151751