2013 (11) TMI 1204

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Representative (DR ORDER Per. Rakesh Kumar :- This is an application for modification of the stay order No. 1815/2012-EX dated 24/09/12 by which the appellant had been directed to deposit an amount of 50% of the Cenvat credit demand and report compliance on 15th August 2012. The Cenvat credit demand was in respect of inputs used in the manufacture of finished product supplied to DMRC, whi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....has extended the benefit of Cenvat credit in respect of supplies made to DMRC in terms of Notification No. 6/2006-CE. He, therefore, pleaded that the stay order may be modified by waiving the requirement of pre-deposit. 4. Shri Sanjay Jain, learned DR, opposed the application for modification pleading that while considering the stay application, all the facts on record had been considered and t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he issue involved in the case in hand. We also find that the pre-deposit ordered is only 50% of the Cenvat credit demand which comes to only around Rs. 10,00,000/- and no financial hardship had been pleaded before the Tribunal. In view of this, we do not find any merit in the application. The same is, therefore, dismissed. The appellant are directed to deposit the directed amount within a period o....