https://www.taxtmi.com/caselaws?id=387203 The High Court upheld the decision of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) allowing the utilization of CENVAT credit for pre-deposit under Section 35F of the Central Excise Act, 1944. The Court interpreted Rule 3(4) of the CENVAT Credit Rules, 2004, finding no explicit prohibition on using such credit for pre-deposit. Citing relevant judicial precedents supporting this practice and considering circulars issued by CESTAT and enhanced monetary limits for appeals, the High Court dismissed the appeal, citing the existing legal framework and consistent judicial stance on the matter. en-us Fri, 06 Sep 2019 00:00:00 +0530 Sat, 19 Oct 2019 08:22:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387203 The High Court upheld the decision of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) allowing the utilization of CENVAT credit for pre-deposit under Section 35F of the Central Excise Act, 1944. The Court interpreted Rule 3(4) of the CENVAT Credit Rules, 2004, finding no explicit prohibition on using such credit for pre-deposit. Citing relevant judicial precedents supporting this practice and considering circulars issued by CESTAT and enhanced monetary limits for appeals, the High Court dismissed the appeal, citing the existing legal framework and consistent judicial stance on the matter. Case-Laws Central Excise Fri, 06 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387203