https://www.taxtmi.com/caselaws?id=219491 Complete waiver of pre-deposit was declined where Cenvat credit had been taken on invoices indicating duty payment, but the supplier had not actually paid duty when the credit was availed and paid it only later after a demand notice. The Tribunal found the cited precedent inapplicable because it arose under the erstwhile Central Excise Rules, 1944 and was not factually comparable. It also noted common directors between supplier and applicant and the absence of demonstrated financial hardship. Pre-deposit of the duty amount was directed, while pre-deposit of interest and penalty was waived during the appeal. en-us Thu, 03 May 2012 00:00:00 +0530 Tue, 20 Nov 2012 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219491 Complete waiver of pre-deposit was declined where Cenvat credit had been taken on invoices indicating duty payment, but the supplier had not actually paid duty when the credit was availed and paid it only later after a demand notice. The Tribunal found the cited precedent inapplicable because it arose under the erstwhile Central Excise Rules, 1944 and was not factually comparable. It also noted common directors between supplier and applicant and the absence of demonstrated financial hardship. Pre-deposit of the duty amount was directed, while pre-deposit of interest and penalty was waived during the appeal. Case-Laws Central Excise Thu, 03 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219491