2012 (4) TMI 62

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....t. ORDER 1. After hearing the argument on both sides for the purpose of stay petition it was found that this is a matter on very short point which is already decided by the Tribunal in favour of the appellant and therefore the requirement of pre-deposit of dues arising from the impugned order is waived and appeal itself was taken up for final hearing and disposal. 2. The Appellants are en....

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....est. Further, a penalty of Rs.1,45,245/- has been imposed under Rule 15 of Cenvat Credit Rules, 2004 and Section 11AC of Central Excise Act, 1944. 2.1 The Counsel for the Appellant submits that though the document is titled as "Debit Note" the said document contains all relevant details as specified in Rule 9(2) of the Cenvat Credit Rules, 2004 and therefore there is no reason to deny the credi....