TaxTMI 
TaxTMI 
1999 (8) TMI 86
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....itioners arise in similar circumstances and are directed against a common order. The petitioners are represented by Sri A.P. Mathur, Advocate while the respondents are represented by Sri Vikram Gulati, Advocate. Both of them have been heard. 2. The petitions are directed against an order passed by the Commissioner (Appeals), Customs and Central Excise, Ghaziabad whereby in exercise of powers un....
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....thereafter he shall adjust the differential amount, if any, after taking into account the amount already debited while sending the inputs or partially processed inputs from his factory. Certain goods were sent by the petitioners for processing and the petitioners availed Modvat credit in respect of inputs used therein but the goods were not received back in the factory of the petitioners within a ....
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.... as it may deem fit, if it is of the opinion that the deposit of duty demanded or penalty levied would cause undue hardship to such person. The petitioners, therefore, moved applications for the waiver of the conditions of pre-deposit and the Commissioner has directed the petitioners to deposit Rs. 2,02,000/- and Rs. 7,50,000/- respectively. The Commissioner has reduced the amount after looking to....
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....te on what date the goods were actually received back and whether in some cases they were not received back at all. The learned Commissioner had dispensed with the pre-deposit of a very negligible part of the demand. Looking to the circumstances that the denial of Modvat credit is based on a technical default, a fair exercise of discretion under the proviso to Section 35F would justify that pre-de....