2009 (5) TMI 693

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....spondent. [Order per : M.V. Ravindran, Member (J) (Oral)]. -  This stay petition is directed towards the following amounts : (a)     Cenvat credit amounting to Rs. 79,92,760/- (Rupees Seventy nine lakhs ninety two thousand seven hundred and sixty only) which was irregularly taken on inputs during the period November 2006 to August 2007 under Rule 14 of the Cenvat Credit....

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....ority has erred in demanding the Cenvat credit of Rs. 79,92,760- (Rupees Seventy nine lakhs Ninety two thousand seven hundred and sixty only) in respect of inputs utilized in the manufacture of slag cement, which is dutiable and was cleared on payment of applicable duties and the Cenvat credit utilized proportionately comes to Rs. 52,03,567/- (Rupees Fifty two lakhs three thousand five hundred and....