2009 (4) TMI 727

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....s. Sudha Koka, SDR, for the Respondent. [Order per : T.K. Jayaraman, Member (T) (Oral)].  In terms of the impugned order, the appellants are required to pre-deposit the following sums: (a)     Duty (being alleged irregular credit) Rs. 3,50,33,094/- (Rupees Three Crore Fifty Lakh Thirty Three Thousand and Ninety Four only) under Rule 14 of the Cenvat Credit Rules, ....

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....e entire thing was informed to the Central Excise Authorities who advised the appellant to take out registration. Consequently, the appellants applied for registration for availment of the Cenvat credit and started paying duty on the finished component. When that is the case, the Audit party visited the unit and objected to the availment of credit on the ground that the processes carried out by th....