https://www.taxtmi.com/caselaws?id=241558 The Tribunal upheld the demand for inadmissible CENVAT credit against the Appellant, directing them to predeposit Rs.10,00,000/- within six weeks. The Appellant's plea regarding post-1.4.2008 compliance with Rule-6 provisions was deemed unconvincing, with the Tribunal emphasizing the need for timely reversal of inadmissible credit. For the pre-2008 period, where both dutiable and exempted goods were cleared without segregating credit, the Appellant was held liable to predeposit a reasonable portion of the demand. Waiver and stay were granted for the remaining dues upon compliance with the Tribunal's directives. en-us Wed, 06 Mar 2013 00:00:00 +0530 Thu, 26 Dec 2013 07:50:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241558 The Tribunal upheld the demand for inadmissible CENVAT credit against the Appellant, directing them to predeposit Rs.10,00,000/- within six weeks. The Appellant's plea regarding post-1.4.2008 compliance with Rule-6 provisions was deemed unconvincing, with the Tribunal emphasizing the need for timely reversal of inadmissible credit. For the pre-2008 period, where both dutiable and exempted goods were cleared without segregating credit, the Appellant was held liable to predeposit a reasonable portion of the demand. Waiver and stay were granted for the remaining dues upon compliance with the Tribunal's directives. Case-Laws Service Tax Wed, 06 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241558