https://www.taxtmi.com/caselaws?id=219370 The Judge found no prima facie case for the appellant regarding the waiver of pre-deposit and stay of recovery sought for interest and penalty imposed. The liability to pay interest under Rule 14 of the CENVAT Credit Rules, 2004 on the transferred amount of CENVAT credit was upheld. The appellant's argument, citing a previous case, was not accepted as the irregular transfer of credit was only corrected in August 2009. The appellant was directed to make a specific pre-deposit within a set timeline, with the possibility of a waiver for the remaining dues upon compliance. en-us Fri, 27 Apr 2012 00:00:00 +0530 Tue, 20 Nov 2012 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219370 The Judge found no prima facie case for the appellant regarding the waiver of pre-deposit and stay of recovery sought for interest and penalty imposed. The liability to pay interest under Rule 14 of the CENVAT Credit Rules, 2004 on the transferred amount of CENVAT credit was upheld. The appellant's argument, citing a previous case, was not accepted as the irregular transfer of credit was only corrected in August 2009. The appellant was directed to make a specific pre-deposit within a set timeline, with the possibility of a waiver for the remaining dues upon compliance. Case-Laws Central Excise Fri, 27 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219370