https://www.taxtmi.com/caselaws?id=1893 The Tribunal directed the appellant to treat a specific payment as a pre-deposit and make an additional deposit, totaling Rs. 1,53,400, within six weeks. Upon compliance, the Tribunal waived the pre-deposit for the remaining duty and penalty amount during the appeal's pendency. Failure to make the required deposit would lead to the dismissal of the appeal. The Tribunal scheduled a compliance report for a future date, effectively disposing of the application. This judgment clarifies the treatment of Cenvat credit balance and duty payments post-exemption option exercise under Rule 11(2) of the Cenvat Credit Rules, 2004, ensuring compliance and accountability. en-us Mon, 23 Apr 2007 00:00:00 +0530 Tue, 15 Apr 2008 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1893 The Tribunal directed the appellant to treat a specific payment as a pre-deposit and make an additional deposit, totaling Rs. 1,53,400, within six weeks. Upon compliance, the Tribunal waived the pre-deposit for the remaining duty and penalty amount during the appeal's pendency. Failure to make the required deposit would lead to the dismissal of the appeal. The Tribunal scheduled a compliance report for a future date, effectively disposing of the application. This judgment clarifies the treatment of Cenvat credit balance and duty payments post-exemption option exercise under Rule 11(2) of the Cenvat Credit Rules, 2004, ensuring compliance and accountability. Case-Laws Central Excise Mon, 23 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1893