<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2015 (9) TMI 405 - CESTAT NEW DELHI (LB)</title>
    <link>https://www.taxtmi.com/caselaws?id=263737</link>
    <description>The appellant was found to have recorded abnormal consumption of raw materials and high utilization of Cenvat credit without actual use in manufacturing the final product. A demand for duty of Rs. 5,69,46,336/- was confirmed, along with interest and penalty. The Tribunal directed the appellant to deposit Rs. 30 lakhs within 8 weeks as a condition for hearing their appeal, with the balance amount of duty and penalty waived and recovery stayed during the appeal&#039;s pendency. Despite a difference of opinion on the pre-deposit amount, the majority order upheld the deposit of Rs. 30 lakhs.</description>
    <language>en-us</language>
    <pubDate>Fri, 14 Mar 2014 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 09 Sep 2015 08:48:05 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=396305" rel="self" type="application/rss+xml"/>
    <item>
      <title>2015 (9) TMI 405 - CESTAT NEW DELHI (LB)</title>
      <link>https://www.taxtmi.com/caselaws?id=263737</link>
      <description>The appellant was found to have recorded abnormal consumption of raw materials and high utilization of Cenvat credit without actual use in manufacturing the final product. A demand for duty of Rs. 5,69,46,336/- was confirmed, along with interest and penalty. The Tribunal directed the appellant to deposit Rs. 30 lakhs within 8 weeks as a condition for hearing their appeal, with the balance amount of duty and penalty waived and recovery stayed during the appeal&#039;s pendency. Despite a difference of opinion on the pre-deposit amount, the majority order upheld the deposit of Rs. 30 lakhs.</description>
      <category>Case-Laws</category>
      <law>Central Excise</law>
      <pubDate>Fri, 14 Mar 2014 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=263737</guid>
    </item>
  </channel>
</rss>