https://www.taxtmi.com/caselaws?id=170777 The Tribunal ruled in favor of the appellant, allowing the stay application and waiving the pre-deposit requirement for the Cenvat credit demand, interest, and penalty until the appeal's final resolution. The appellant's contention that the penalty for taking suo motu credit and the allegation of excess credit utilization were unjustified was upheld by the Tribunal, which found that the Assistant Commissioner permitting the recredit indicated a strong prima facie case. en-us Wed, 05 Sep 2012 00:00:00 +0530 Wed, 10 Jun 2015 11:00:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170777 The Tribunal ruled in favor of the appellant, allowing the stay application and waiving the pre-deposit requirement for the Cenvat credit demand, interest, and penalty until the appeal's final resolution. The appellant's contention that the penalty for taking suo motu credit and the allegation of excess credit utilization were unjustified was upheld by the Tribunal, which found that the Assistant Commissioner permitting the recredit indicated a strong prima facie case. Case-Laws Central Excise Wed, 05 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170777