https://www.taxtmi.com/caselaws?id=236094 The Tribunal allowed the appellant's misc. application for reconsideration of the stay petition following a remand by the High Court. The Tribunal acknowledged the issue of Cenvat credit for iron and steel items, where the appellant had no malafide intent. However, the Tribunal found the appellant failed to prove financial hardship adequately. Consequently, the Tribunal directed the appellant to deposit Rs. One crore within ten weeks, waiving the balance amount of duty and penalty during the appeal's pendency. en-us Mon, 28 Jan 2013 00:00:00 +0530 Wed, 14 Aug 2013 08:15:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236094 The Tribunal allowed the appellant's misc. application for reconsideration of the stay petition following a remand by the High Court. The Tribunal acknowledged the issue of Cenvat credit for iron and steel items, where the appellant had no malafide intent. However, the Tribunal found the appellant failed to prove financial hardship adequately. Consequently, the Tribunal directed the appellant to deposit Rs. One crore within ten weeks, waiving the balance amount of duty and penalty during the appeal's pendency. Case-Laws Central Excise Mon, 28 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236094