https://www.taxtmi.com/caselaws?id=209486 The High Court of Karnataka dismissed the revenue's appeal challenging an interim order by the Tribunal that waived the pre-deposit requirement and directed the appellant to provide a bank guarantee. The Court upheld the Tribunal's decision, emphasizing the distinction between issues of CENVAT credit and non-payment of duty. It found the Tribunal's exercise of discretion in granting the exemption and requiring security to be appropriate, ultimately concluding that there were no grounds to interfere with the discretionary order. en-us Thu, 24 Feb 2011 00:00:00 +0530 Wed, 17 Jul 2013 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209486 The High Court of Karnataka dismissed the revenue's appeal challenging an interim order by the Tribunal that waived the pre-deposit requirement and directed the appellant to provide a bank guarantee. The Court upheld the Tribunal's decision, emphasizing the distinction between issues of CENVAT credit and non-payment of duty. It found the Tribunal's exercise of discretion in granting the exemption and requiring security to be appropriate, ultimately concluding that there were no grounds to interfere with the discretionary order. Case-Laws Central Excise Thu, 24 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209486