https://www.taxtmi.com/caselaws?id=238539 The Tribunal waived the pre-deposit of cenvat credit and penalty amounting to Rs.1,33,78,305/- imposed under Rule 15 (2) of Cenvat Credit Rules, 2004 read with Section 11AC of the Central Excise Act, 1944. The Tribunal considered the applicant's deposit of Rs.28,85,952/- during adjudication, the nature of items in question, and the extended period of limitation. It allowed the stay petition, citing its consistent approach in similar cases, and stayed the recovery of the remaining dues pending the appeal process. en-us Thu, 01 Aug 2013 00:00:00 +0530 Thu, 24 Oct 2013 07:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238539 The Tribunal waived the pre-deposit of cenvat credit and penalty amounting to Rs.1,33,78,305/- imposed under Rule 15 (2) of Cenvat Credit Rules, 2004 read with Section 11AC of the Central Excise Act, 1944. The Tribunal considered the applicant's deposit of Rs.28,85,952/- during adjudication, the nature of items in question, and the extended period of limitation. It allowed the stay petition, citing its consistent approach in similar cases, and stayed the recovery of the remaining dues pending the appeal process. Case-Laws Central Excise Thu, 01 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238539