2013 (5) TMI 63

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....bsp;  :   Shri K.N. Joshi, A.R. Per : Mr. M.V. Ravindran; This stay petition is directed against the waiver of the pre-deposit of the following amounts: Cenvat Credit Disallowed Penalty Interest Rs.3,43,933/- Rs.3,43,933/- At the appropriate rate 2. The above said amounts have been confirmed by the lower authorities on the ground that the appellant has utilised the credit balanc....

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....cordingly, we allow the application for the waiver of pre-deposit of the amounts involved and take up the appeal itself for disposal. 4. On perusal of the records, we find that the issue involved in this case is correctly stated by the ld. Chartered Accountant as to utilisation of credit of basic excise duty for discharge of Education Cess and Secondary and Higher Education Cess. This is now squa....