https://www.taxtmi.com/caselaws?id=245964 Clarificatory circulars can support proportionate CENVAT credit for textile manufacturers using common inputs in continuous manufacture, where records support month-end credit for goods cleared on payment of duty. On the facts considered, the applicant established a strong prima facie case for interim relief, and the objection that the circular operated prospectively did not defeat waiver of pre-deposit. The result was waiver of pre-deposit and stay of recovery during pendency of the appeal. en-us Fri, 20 Apr 2012 00:00:00 +0530 Sat, 12 Apr 2014 14:56:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245964 Clarificatory circulars can support proportionate CENVAT credit for textile manufacturers using common inputs in continuous manufacture, where records support month-end credit for goods cleared on payment of duty. On the facts considered, the applicant established a strong prima facie case for interim relief, and the objection that the circular operated prospectively did not defeat waiver of pre-deposit. The result was waiver of pre-deposit and stay of recovery during pendency of the appeal. Case-Laws Central Excise Fri, 20 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245964