2013 (10) TMI 846

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....: Mr. M.V. Ravindaran; All these four stay petitions are filed for waiver of pre-deposit of an amount of Rs. 1,36,00,295/-, interest thereof and equal amount of penalty and also penalty of Rs. 5 Lakhs under Rule 26 of Central Excise Rules, 2004 and personal penalty of Rs. One lakh imposed on the Director of the appellant Company. 2. The above said amount of penalties are imposed on the ground th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

...., we find that Shri Shashikant Koticha has given a categorical statement before the authorities that they were supplying Pet coke to various parties without invoices. The invoices which indicate such pet coke presumably, were given to persons who could avail cenvat credit. Be that as it may, we find, the legal submissions made by the learned counsel as there being no corroborative evidences, needs....