https://www.taxtmi.com/caselaws?id=251886 The Tribunal found the appellant liable to pay the balance amount of &8377; 1,26,31,129/- for defaulting in payment of excise duty, emphasizing the necessity of discharging the defaulted payment in cash as per Rule 8(3A) of the Central Excise Rules, 2002. The appellant's argument regarding Cenvat Credit utilization during the default period was dismissed, with the Tribunal ruling that such credit cannot be utilized for duty payment during a default period. The appellant was directed to make a pre-deposit within eight weeks, with non-compliance resulting in the waiver of interest and penalty, and a stay on recovery during the appeal's pendency. en-us Mon, 05 May 2014 00:00:00 +0530 Wed, 01 Oct 2014 07:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251886 The Tribunal found the appellant liable to pay the balance amount of &8377; 1,26,31,129/- for defaulting in payment of excise duty, emphasizing the necessity of discharging the defaulted payment in cash as per Rule 8(3A) of the Central Excise Rules, 2002. The appellant's argument regarding Cenvat Credit utilization during the default period was dismissed, with the Tribunal ruling that such credit cannot be utilized for duty payment during a default period. The appellant was directed to make a pre-deposit within eight weeks, with non-compliance resulting in the waiver of interest and penalty, and a stay on recovery during the appeal's pendency. Case-Laws Central Excise Mon, 05 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251886