https://www.taxtmi.com/caselaws?id=216259 In a central excise dispute concerning alleged wrongful availment of Cenvat credit, the Delhi High Court considered whether the Tribunal was justified in insisting on a deposit of Rs. 50 lakhs as a pre-condition for hearing the appeal. Taking into account the nature of the controversy and the quantum involved, the Court modified the pre-deposit direction and required only a partial deposit. The appellant was directed to deposit 50% of the Cenvat credit amount in two equal instalments as a condition for hearing the appeal on merits. en-us Tue, 29 May 2012 00:00:00 +0530 Thu, 12 Jul 2012 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216259 In a central excise dispute concerning alleged wrongful availment of Cenvat credit, the Delhi High Court considered whether the Tribunal was justified in insisting on a deposit of Rs. 50 lakhs as a pre-condition for hearing the appeal. Taking into account the nature of the controversy and the quantum involved, the Court modified the pre-deposit direction and required only a partial deposit. The appellant was directed to deposit 50% of the Cenvat credit amount in two equal instalments as a condition for hearing the appeal on merits. Case-Laws Central Excise Tue, 29 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216259