https://www.taxtmi.com/caselaws?id=241939 The Appellate Tribunal CESTAT Ahmedabad directed the appellant to pre-deposit Rs.1,53,567/- for non-reversal of CENVAT Credit on inputs when opting for SSI exemption under Notification No.8/2003-CE. The tribunal allowed a waiver of pre-deposit for the remaining amounts, with recovery stayed pending appeal disposal. Emphasizing compliance with CENVAT Credit reversal rules for duty exemptions, the judgment aimed to ensure lawful tax practices. The decision struck a balance between the appellant's interests and statutory requirements, providing clear directives for pre-deposit and conditional relief on outstanding amounts during the appeal process. en-us Mon, 22 Apr 2013 00:00:00 +0530 Sat, 04 Jan 2014 06:39:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241939 The Appellate Tribunal CESTAT Ahmedabad directed the appellant to pre-deposit Rs.1,53,567/- for non-reversal of CENVAT Credit on inputs when opting for SSI exemption under Notification No.8/2003-CE. The tribunal allowed a waiver of pre-deposit for the remaining amounts, with recovery stayed pending appeal disposal. Emphasizing compliance with CENVAT Credit reversal rules for duty exemptions, the judgment aimed to ensure lawful tax practices. The decision struck a balance between the appellant's interests and statutory requirements, providing clear directives for pre-deposit and conditional relief on outstanding amounts during the appeal process. Case-Laws Central Excise Mon, 22 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241939