https://www.taxtmi.com/caselaws?id=250411 The Tribunal granted the applicant's request for a waiver of pre-deposit of duty, interest, and penalty concerning the denial of CENVAT credit on capital goods used for manufacturing a "Vertical storage relating system." Despite conflicting case laws cited by both parties, the Tribunal ruled in favor of the applicant, waiving the pre-deposit requirement for the entire amount and staying the recovery during the appeal process. The judgment was issued by Ashok Jindal, J., at the Appellate Tribunal CESTAT MUMBAI. en-us Thu, 01 May 2014 00:00:00 +0530 Wed, 16 Jul 2014 16:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250411 The Tribunal granted the applicant's request for a waiver of pre-deposit of duty, interest, and penalty concerning the denial of CENVAT credit on capital goods used for manufacturing a "Vertical storage relating system." Despite conflicting case laws cited by both parties, the Tribunal ruled in favor of the applicant, waiving the pre-deposit requirement for the entire amount and staying the recovery during the appeal process. The judgment was issued by Ashok Jindal, J., at the Appellate Tribunal CESTAT MUMBAI. Case-Laws Central Excise Thu, 01 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250411