Tribunal Denies Waiver of Pre-Deposit for CENVAT Credit; Rules Unemployment Isn't Lack of Financial Means. Deposit Required.

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Full Text of the Document

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....Waiver of pre deposit - CENVAT Credit - It may be true that the applicant is out of job for some period. However, this cannot imply that the applicant has no means. - applicant is directed to deposit an amount of ₹ 5,00,000 within a period of six weeks - AT....