https://www.taxtmi.com/caselaws?id=241887 A prima facie case for complete waiver of pre-deposit was found where a Chartered Accountant's certificate showed that depreciation had not been claimed and the amount had not been treated as revenue expenditure during the relevant period. The certificate, though filed before the adjudicating authority, had not been considered. The Tribunal also noted that the relevant revenue-expenditure wording had been retrospectively substituted by the Finance Act, 2003, which supported the appellant's case. On these materials, stay of recovery was granted pending the appeal. en-us Tue, 23 Apr 2013 00:00:00 +0530 Fri, 03 Jan 2014 19:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241887 A prima facie case for complete waiver of pre-deposit was found where a Chartered Accountant's certificate showed that depreciation had not been claimed and the amount had not been treated as revenue expenditure during the relevant period. The certificate, though filed before the adjudicating authority, had not been considered. The Tribunal also noted that the relevant revenue-expenditure wording had been retrospectively substituted by the Finance Act, 2003, which supported the appellant's case. On these materials, stay of recovery was granted pending the appeal. Case-Laws Central Excise Tue, 23 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241887