https://www.taxtmi.com/caselaws?id=240003 Stay proceedings concerned a claim for waiver of pre-deposit and suspension of recovery in a Cenvat credit dispute under Rule 16 relating to returned goods allegedly received for repairs. The record was considered sufficient to show that some consignments for which credit had been taken had not in fact been returned, creating a substantial prima facie case against the appellant. Because the amount already deposited was found inadequate to protect Revenue interests, the Tribunal directed an additional deposit as a condition for granting waiver of the balance pre-deposit and staying recovery of the remaining demand, interest and penalty until disposal of the appeal. en-us Mon, 17 Jun 2013 00:00:00 +0530 Sun, 24 Nov 2013 23:25:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240003 Stay proceedings concerned a claim for waiver of pre-deposit and suspension of recovery in a Cenvat credit dispute under Rule 16 relating to returned goods allegedly received for repairs. The record was considered sufficient to show that some consignments for which credit had been taken had not in fact been returned, creating a substantial prima facie case against the appellant. Because the amount already deposited was found inadequate to protect Revenue interests, the Tribunal directed an additional deposit as a condition for granting waiver of the balance pre-deposit and staying recovery of the remaining demand, interest and penalty until disposal of the appeal. Case-Laws Central Excise Mon, 17 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240003