https://www.taxtmi.com/caselaws?id=247906 The High Court set aside the Tribunal's order directing the Applicant to pre-deposit Central Excise duty, leading to a fresh consideration of the Stay Petition. The Applicant faced allegations of irregular CENVAT credit without receiving inputs, resulting in a substantial demand. Despite financial hardship claims, lack of evidence weakened the Applicant's position. The adjudicating Commissioner found discrepancies in input usage, leading to a directive for a 25% duty deposit with balance waiver upon compliance. Recovery was stayed pending appeal, and the Stay Petition was disposed of accordingly. en-us Tue, 28 Jan 2014 00:00:00 +0530 Mon, 26 May 2014 16:58:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247906 The High Court set aside the Tribunal's order directing the Applicant to pre-deposit Central Excise duty, leading to a fresh consideration of the Stay Petition. The Applicant faced allegations of irregular CENVAT credit without receiving inputs, resulting in a substantial demand. Despite financial hardship claims, lack of evidence weakened the Applicant's position. The adjudicating Commissioner found discrepancies in input usage, leading to a directive for a 25% duty deposit with balance waiver upon compliance. Recovery was stayed pending appeal, and the Stay Petition was disposed of accordingly. Case-Laws Central Excise Tue, 28 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247906