2009 (9) TMI 551

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...., Cost Accountant, for the Appellant. Ms. Joy Kumari Chandar, JCDR, for the Respondent. [Order per : M.V. Ravindran, Member (J)]. - This stay petition is directed against the waiver of pre-deposit of the following amounts : (a) Cenvat credit of Rs. 7,08,49,687/- (Rupees Seven crores eight lakhs forty nine thousand six hundred and eighty seven only) in terms of proviso to Section 73(2) of ....

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....ed Accountant submits that there is some calculation error by the Adjudicating Authority and appellant is liable to reverse Cenvat credit of Rs. 5.12 crores only. 4. As regards the correct calculation, we find that it can be considered at the time of final disposal. As such, the appellant is directed to reverse an amount of Rs. 5,12,16,437/- (Rupees Five crore twelve lakhs sixteen thousand four....