https://www.taxtmi.com/caselaws?id=757699 Pre-deposit for maintainability of an appeal may be satisfied through the Electronic Credit Ledger where the applicable legal position permits it, and a later CBIC circular cannot be applied retrospectively to defeat that mode of payment. The Tribunal had treated the circular as prospective because it took effect only on 28 October 2022, while the appeal had been filed earlier. The Bombay HC accepted that approach, upheld the validity of the electronic ledger payment, and held that the Revenue's challenge failed. en-us Wed, 28 Aug 2024 00:00:00 +0530 Sat, 31 Aug 2024 07:52:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757699 Pre-deposit for maintainability of an appeal may be satisfied through the Electronic Credit Ledger where the applicable legal position permits it, and a later CBIC circular cannot be applied retrospectively to defeat that mode of payment. The Tribunal had treated the circular as prospective because it took effect only on 28 October 2022, while the appeal had been filed earlier. The Bombay HC accepted that approach, upheld the validity of the electronic ledger payment, and held that the Revenue's challenge failed. Case-Laws Central Excise Wed, 28 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757699