https://www.taxtmi.com/caselaws?id=50440 Complete waiver of pre-deposit of penalty and stay of recovery were granted pending appeal where the credit had already been reversed before adjudication and that fact was undisputed. The dispute also involved interpretation of Notification No. 5/94-C.E.(N.T.) dated 01-03-1994, and on that basis penalty was not considered warranted at the stage of deciding waiver of pre-deposit. The operative effect was relief from pre-deposit and recovery pending disposal of the appeal. en-us Wed, 17 Jan 2001 00:00:00 +0530 Sat, 21 Aug 2010 17:00:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50440 Complete waiver of pre-deposit of penalty and stay of recovery were granted pending appeal where the credit had already been reversed before adjudication and that fact was undisputed. The dispute also involved interpretation of Notification No. 5/94-C.E.(N.T.) dated 01-03-1994, and on that basis penalty was not considered warranted at the stage of deciding waiver of pre-deposit. The operative effect was relief from pre-deposit and recovery pending disposal of the appeal. Case-Laws Central Excise Wed, 17 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50440