https://www.taxtmi.com/caselaws?id=219535 The Appellate Tribunal CESTAT, Bangalore, granted a stay on recovery pending appeal in two cases concerning the eligibility of credit on capital goods/input services for setting up a factory to manufacture iron and steel products. The appellant, who had not utilized the credit, provided an undertaking not to do so until the appeal's decision. The Tribunal waived the pre-deposit of dues, stayed the recovery, and linked the appeals for future listing, emphasizing the importance of eligibility criteria for such credits and ensuring a comprehensive review of related cases. en-us Mon, 28 May 2012 00:00:00 +0530 Mon, 19 Nov 2012 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219535 The Appellate Tribunal CESTAT, Bangalore, granted a stay on recovery pending appeal in two cases concerning the eligibility of credit on capital goods/input services for setting up a factory to manufacture iron and steel products. The appellant, who had not utilized the credit, provided an undertaking not to do so until the appeal's decision. The Tribunal waived the pre-deposit of dues, stayed the recovery, and linked the appeals for future listing, emphasizing the importance of eligibility criteria for such credits and ensuring a comprehensive review of related cases. Case-Laws Central Excise Mon, 28 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219535