https://www.taxtmi.com/caselaws?id=241931 The Appellate Tribunal CESTAT BANGALORE allowed two COD applications due to a satisfactorily explained 3-day delay in filing appeals. The denial of CENVAT credits on rubber sheets and seals was upheld as they did not qualify as capital goods under the CENVAT Credit Rules. The appellant's limitation plea was rejected for lack of evidence. The appellant failed to prove financial hardships and was directed to deposit the CENVAT credit amount within six weeks. Compliance would lead to waivers and stays on penalties and interest, emphasizing the importance of providing evidence and adhering to timelines. en-us Wed, 13 Feb 2013 00:00:00 +0530 Sat, 04 Jan 2014 06:39:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241931 The Appellate Tribunal CESTAT BANGALORE allowed two COD applications due to a satisfactorily explained 3-day delay in filing appeals. The denial of CENVAT credits on rubber sheets and seals was upheld as they did not qualify as capital goods under the CENVAT Credit Rules. The appellant's limitation plea was rejected for lack of evidence. The appellant failed to prove financial hardships and was directed to deposit the CENVAT credit amount within six weeks. Compliance would lead to waivers and stays on penalties and interest, emphasizing the importance of providing evidence and adhering to timelines. Case-Laws Central Excise Wed, 13 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241931