2009 (5) TMI 693
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Joy Kumari Chander, JCDR, for the Respondent. [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 Aug....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ed Advocate would submit that the Adjudicating Authority 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/- (Rup....
X X X X Extracts X X X X
X X X X Extracts X X X X
....nt has not made out a prima facie case for complete waiver of the amounts of dues. They need to be put to some condition. Accordingly, we direct the appellants to deposit an amount of Rs. 10,00,000/- (Rupees Ten lakhs only) within a period of two months from today and report compliance on 8-7-2009. Subject to such compliance is being reported, the condition of pre-deposit of the balance amounts in....
TaxTMI