https://www.taxtmi.com/caselaws?id=238207 The Tribunal ruled in favor of the appellant, a manufacturer of cotton and acrylic yarn, in a dispute over availing Cenvat Credit under exemption Notifications No. 29/2004-CE and No. 30/2004-CE. The appellant's interpretation of the notifications was accepted, leading to a waiver of the pre-deposit requirement for Cenvat Credit demand, interest, and penalty. The Tribunal found that the appellant had not availed input duty credit and had the option to pay duty under Notification No. 29/2004-CE. As a result, recovery was stayed pending appeal, emphasizing the appellant's strong prima facie case. en-us Fri, 16 Aug 2013 00:00:00 +0530 Fri, 25 Apr 2014 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238207 The Tribunal ruled in favor of the appellant, a manufacturer of cotton and acrylic yarn, in a dispute over availing Cenvat Credit under exemption Notifications No. 29/2004-CE and No. 30/2004-CE. The appellant's interpretation of the notifications was accepted, leading to a waiver of the pre-deposit requirement for Cenvat Credit demand, interest, and penalty. The Tribunal found that the appellant had not availed input duty credit and had the option to pay duty under Notification No. 29/2004-CE. As a result, recovery was stayed pending appeal, emphasizing the appellant's strong prima facie case. Case-Laws Central Excise Fri, 16 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238207