2011 (3) TMI 1228

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....llant Shri.Manish Mohan,  SDR, for respondent Per: M.V. Ravindran 1. This stay petition is filed for waiver of pre-deposit of an amount of Rs.2,37,872/- confirmed as wrong credit and penalty of Rs.10,000/- imposed under Rule 13 of Cenvat Credit Rules, 2002 and interest under Section 11AB of the Central Excise Act, 1944 and upheld by the Commissioner (Appeals). 2. After hearing....

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....Excise Rules, 2002, with effect from 09/07/2004, as person, who can issue the invoice and discharge duty liability. 4.  We find that the CBE & C Circular No.345/2/2004-TRU dated 28/07/2004 have categorically clarified  as under:- .......Hence, from the above it is clear that even after the omission of Rule 12B of Central Excise Ruoles, 2002, the firm can clear goods lying with th....