https://www.taxtmi.com/caselaws?id=209541 The Tribunal denied the appellants' stay application, ruling that they did not qualify for exemption under the Cenvat Credit Rules and relevant notifications as the goods supplied were not against international competitive bidding. The Tribunal directed the appellants to deposit Rs. 27 Lakhs within 8 weeks, with the balance amount waived until the appeal's final decision. It was emphasized that exemption eligibility required meeting specific criteria, and the Tribunal found no grounds for total waiver, noting that the observations were preliminary and no suppression of facts occurred within the reasonable timeframe of the show cause notice issuance. en-us Fri, 11 Mar 2011 00:00:00 +0530 Wed, 17 Jul 2013 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209541 The Tribunal denied the appellants' stay application, ruling that they did not qualify for exemption under the Cenvat Credit Rules and relevant notifications as the goods supplied were not against international competitive bidding. The Tribunal directed the appellants to deposit Rs. 27 Lakhs within 8 weeks, with the balance amount waived until the appeal's final decision. It was emphasized that exemption eligibility required meeting specific criteria, and the Tribunal found no grounds for total waiver, noting that the observations were preliminary and no suppression of facts occurred within the reasonable timeframe of the show cause notice issuance. Case-Laws Central Excise Fri, 11 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209541