https://www.taxtmi.com/caselaws?id=257582 A waiver of pre-deposit and stay of recovery was granted where the dispute involved alleged ineligible CENVAT credit on molasses used to manufacture rectified spirit and denatured spirit. The Tribunal found, prima facie, that the Revenue's objection to credit on molasses consumed in the manufacture of denatured spirit was not convincing, and noted that the appellant had already discharged 6% of the value on rectified spirit cleared as such. On those facts and the cited decisions, the appellant was held to have made out a strong case for interim relief, and recovery remained stayed during the pendency of the appeal. en-us Thu, 20 Feb 2014 00:00:00 +0530 Mon, 16 Mar 2015 10:58:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257582 A waiver of pre-deposit and stay of recovery was granted where the dispute involved alleged ineligible CENVAT credit on molasses used to manufacture rectified spirit and denatured spirit. The Tribunal found, prima facie, that the Revenue's objection to credit on molasses consumed in the manufacture of denatured spirit was not convincing, and noted that the appellant had already discharged 6% of the value on rectified spirit cleared as such. On those facts and the cited decisions, the appellant was held to have made out a strong case for interim relief, and recovery remained stayed during the pendency of the appeal. Case-Laws Central Excise Thu, 20 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257582