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2013 (10) TMI 1088
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....T: SHRI A.K.BISWAS, A.R.( SUPDT.) ORDER Per Dr. D. M. Misra; This is an Application seeking waiver of pre-deposit of CENVAT Credit of Rs.88,44,451/- and equal amount of penalty imposed under Section 15(2) of the CENVAT Credit Rules, 2004 read with Section 11AC of Central Excise Act, 1944. 2. At the outset, ld. Consultant for the Applicant has submitted that the issue involved in the pr....
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....ger Bench decision of this Tribunal in the case of Vandana Global Ltd. vs. CCEX, Raipur reported in 2010(253) ELT 440(Tri.LB). This Tribunal has been taking a consistent view by allowing stay petition of the assessee where extended period of limitation is involved but directed predeposit, wherever demand is for normal period of limitation. In these circumstances, the Applicant are directed to make....