https://www.taxtmi.com/caselaws?id=219536 The tribunal granted waiver of pre-deposit and stay of recovery for the adjudged dues in a case involving demands raised on an appellant-company under the CENVAT Credit Rules 2004. The tribunal found that the appellant lawfully distributed credits for dutiable final products, not trading, as trading was not a taxable service during the material period. The demands lacked a sustainable legal basis, and the appellant's case on limitation was strong, leading to the favorable outcome of waiver and stay of recovery. en-us Fri, 25 May 2012 00:00:00 +0530 Thu, 10 Jan 2013 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219536 The tribunal granted waiver of pre-deposit and stay of recovery for the adjudged dues in a case involving demands raised on an appellant-company under the CENVAT Credit Rules 2004. The tribunal found that the appellant lawfully distributed credits for dutiable final products, not trading, as trading was not a taxable service during the material period. The demands lacked a sustainable legal basis, and the appellant's case on limitation was strong, leading to the favorable outcome of waiver and stay of recovery. Case-Laws Central Excise Fri, 25 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219536