https://www.taxtmi.com/caselaws?id=239059 The appellant established a prima facie case for waiver of pre-deposit and stay of recovery on a demand relating to inputs cleared in auction and written off in the books. The record showed a statement correlating the auctioned items with part numbers, unit value, book value and sale price, but the lower orders did not address that material. No admission by company officials or other evidence disproved the linkage between the written-off inputs and the auctioned inputs. The note also recorded that, for the relevant period, duty on inputs cleared as such was payable on transaction value. Waiver and stay were granted pending appeal. en-us Tue, 16 Jul 2013 00:00:00 +0530 Sat, 02 Nov 2013 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239059 The appellant established a prima facie case for waiver of pre-deposit and stay of recovery on a demand relating to inputs cleared in auction and written off in the books. The record showed a statement correlating the auctioned items with part numbers, unit value, book value and sale price, but the lower orders did not address that material. No admission by company officials or other evidence disproved the linkage between the written-off inputs and the auctioned inputs. The note also recorded that, for the relevant period, duty on inputs cleared as such was payable on transaction value. Waiver and stay were granted pending appeal. Case-Laws Central Excise Tue, 16 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239059