2011 (4) TMI 1092

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....;   The appellant, M/s Vipras Casting Ltd. (VCL for short), are engaged in the manufacture of Alloy Steel and Mild Steel products. While conducting the investigations, officers of DGCEI, Mumbai unit found that many dealers who had supplied HRT scraps to VCL had, in reality, given only the Bill and goods had been supplied to someone else. On the ground that the CENVAT credit has been ta....

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....nd this Tribunal also directed the appellants to pre-deposit 50% of the amount demanded and 50% of the penalty imposed within 8 weeks. Against this decision, the appellants filed a Writ Petition before the Hon'ble High Court of Bombay and the Hon'ble High Court, in their order dated 9.3.2010 in WP No. 1012/2010, set aside the directions given by the Tribunal for pre-deposit and directed that the a....