https://www.taxtmi.com/caselaws?id=241417 The dispute concerned eligibility of Cenvat credit on rails under the Cenvat Credit Rules, 2004, after the appellant had first treated the rails as capital goods and later claimed them as inputs. The Tribunal considered that similar facts in an earlier matter had led to a partial pre-deposit direction, and applied that parity while dealing with the request for waiver of pre-deposit of disputed credit and penalty. Complete waiver was declined. The appellant was directed to deposit 25% of the disputed Cenvat credit, and compliance would secure waiver and stay of the balance demand and penalty during pendency of the appeal. en-us Tue, 30 Apr 2013 00:00:00 +0530 Thu, 28 Nov 2013 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241417 The dispute concerned eligibility of Cenvat credit on rails under the Cenvat Credit Rules, 2004, after the appellant had first treated the rails as capital goods and later claimed them as inputs. The Tribunal considered that similar facts in an earlier matter had led to a partial pre-deposit direction, and applied that parity while dealing with the request for waiver of pre-deposit of disputed credit and penalty. Complete waiver was declined. The appellant was directed to deposit 25% of the disputed Cenvat credit, and compliance would secure waiver and stay of the balance demand and penalty during pendency of the appeal. Case-Laws Central Excise Tue, 30 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241417