https://www.taxtmi.com/caselaws?id=218230 Rule 4(5)(a) of the Cenvat Credit Rules, 2004 was construed in a dispute over waste and scrap sent to a job worker for reprocessing and return. The appellant argued that the arrangement was covered by prior tribunal view and, in any event, was revenue neutral because credit would arise at the job-worker stage and again on the returned brass wire. On that basis, the tribunal found a prima facie case for waiver of pre-deposit. The pre-deposit of duty, interest and penalty was waived and recovery stayed pending disposal of the appeal. en-us Wed, 19 Sep 2012 00:00:00 +0530 Tue, 06 Nov 2012 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218230 Rule 4(5)(a) of the Cenvat Credit Rules, 2004 was construed in a dispute over waste and scrap sent to a job worker for reprocessing and return. The appellant argued that the arrangement was covered by prior tribunal view and, in any event, was revenue neutral because credit would arise at the job-worker stage and again on the returned brass wire. On that basis, the tribunal found a prima facie case for waiver of pre-deposit. The pre-deposit of duty, interest and penalty was waived and recovery stayed pending disposal of the appeal. Case-Laws Central Excise Wed, 19 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218230