2013 (11) TMI 1189

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....his Stay Petition is filed for waiver of pre-deposit of penalty of Rs.7.5 lakhs as upheld by first appellate authority under the provisions of Rule 25 of Central Excise Rules, 2002. 2. Heard both sides. 3. The penalty has been imposed on the appellant on the ground that the appellant removed the raw material on which CENVAT Credit was availed to the job workers, without following the procedu....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....mount deposited towards the penalty imposed by first appellate authority. 5. On careful consideration of the submissions made by both sides, I find that the appellant has also filed 2 appeals No.E/11480/2013-SM and E/11482/2013-SM against the order of confiscation of raw material. It is also brought to my notice that the confiscation which has been ordered by lower authorities would not stand s....