https://www.taxtmi.com/caselaws?id=234685 The tribunal waived the predeposit of dues pending appeal in a case where an appellant faced allegations of violating Rule 6(3)(c) of the CENVAT Credit Rules, 2004 by utilizing more than 20% of the credit towards tax liability. A demand of Rs.15,45,422/- was confirmed, along with a penalty of Rs.2000/- under Rule 15(3) of the CENVAT Credit Rules. The tribunal considered the appellant's actions, including taking suo motu credit after depositing the cash amount, and deemed the order of predeposit for a technical violation as unduly harsh, leading to the waiver of predeposit and stay of recovery pending appeal. en-us Thu, 24 May 2012 00:00:00 +0530 Sat, 22 Jun 2013 20:05:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234685 The tribunal waived the predeposit of dues pending appeal in a case where an appellant faced allegations of violating Rule 6(3)(c) of the CENVAT Credit Rules, 2004 by utilizing more than 20% of the credit towards tax liability. A demand of Rs.15,45,422/- was confirmed, along with a penalty of Rs.2000/- under Rule 15(3) of the CENVAT Credit Rules. The tribunal considered the appellant's actions, including taking suo motu credit after depositing the cash amount, and deemed the order of predeposit for a technical violation as unduly harsh, leading to the waiver of predeposit and stay of recovery pending appeal. Case-Laws Service Tax Thu, 24 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234685