https://www.taxtmi.com/caselaws?id=244020 The Appellate Tribunal CESTAT Ahmedabad directed the appellant to deposit Rs.7.5 lakhs within eight weeks for improper availment of cenvat credit on a bill of entry with nil actual duty paid. The appellant's reversal of the credit was considered for waiving the penalty imposed by the adjudicating authority. Compliance with the deposit condition would allow the appeal to proceed, with a waiver granted for the remaining amounts pending appeal disposal, striking a balance between the appellant's interests and revenue authorities. en-us Wed, 13 Mar 2013 00:00:00 +0530 Sat, 15 Feb 2014 16:13:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244020 The Appellate Tribunal CESTAT Ahmedabad directed the appellant to deposit Rs.7.5 lakhs within eight weeks for improper availment of cenvat credit on a bill of entry with nil actual duty paid. The appellant's reversal of the credit was considered for waiving the penalty imposed by the adjudicating authority. Compliance with the deposit condition would allow the appeal to proceed, with a waiver granted for the remaining amounts pending appeal disposal, striking a balance between the appellant's interests and revenue authorities. Case-Laws Service Tax Wed, 13 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244020