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    <title>2013 (10) TMI 863 - DELHI HIGH COURT</title>
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    <description>The Delhi HC held that where the basis of a CENVAT credit demand is itself disputed, including the retrospective effect of an amendment, the method of computing inadmissible credit, and the question of extended limitation, insisting on deposit of the entire demand with interest at the pre-admission stage was excessive. As the demand required closer examination, the Court modified the pre-deposit condition and directed the assessee to deposit 50% of the impugned demand without interest. The appeal was not decided on the merits of the tax liability, but the pre-deposit requirement was substantially reduced.</description>
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    <pubDate>Fri, 06 Sep 2013 00:00:00 +0530</pubDate>
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      <title>2013 (10) TMI 863 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=238408</link>
      <description>The Delhi HC held that where the basis of a CENVAT credit demand is itself disputed, including the retrospective effect of an amendment, the method of computing inadmissible credit, and the question of extended limitation, insisting on deposit of the entire demand with interest at the pre-admission stage was excessive. As the demand required closer examination, the Court modified the pre-deposit condition and directed the assessee to deposit 50% of the impugned demand without interest. The appeal was not decided on the merits of the tax liability, but the pre-deposit requirement was substantially reduced.</description>
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      <pubDate>Fri, 06 Sep 2013 00:00:00 +0530</pubDate>
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