2009 (1) TMI 688

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....e Respondent. [Order]. -  M/s. Pricol Ltd. has filed the captioned appeal. They seek Waiver of pre-deposit and stay of recovery of the amounts of interest of Rs. 72,309/- (in Appeal No. E/463/2008) and Rs. 1,28,342/- (in Appeal No. E/464/2008) demanded by the original authority and sustained in the impugned orders. The applicants had removed credit-availed capital goods, jigs and fixtur....

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....ppliers of components. The facility contained in Rule 4(5)(b) of CENVAT Credit Rules, 2004 (CCR) enabling an assessee to transfer capital goods to its job workers was also available when such capital goods were removed to suppliers of components. The learned Counsel relies on the Tribunal's decision in the case of Monica Electronics v. Commissioner of Central Excise, New Delhi reported in 2000 (12....