2014 (2) TMI 40

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e appeal is preferred against the adjudication order dated 30.11.2011 whereby the petitioner/appellant was held to have wrongly availed cenvat credit of Rs.29,73,096/-. This amount was directed to be recovered along with interest as applicable under Section 73/75 of the Finance Act, 1994 and penalty under Section 76, 77 and 78 of the Act. The adjudication order assessed the liability of the petiti....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... These must be considered at the final hearing. 2. In the facts and circumstances, we consider it appropriate to grant waiver of pre-deposit and stay all further proceedings pursuant to the impugned order, on the condition that petitioner remits 50% of the specified liability of tax as assessed, in terms of paragraph (i) and (iii) of the adjudication order namely, the amount of tax relatable to ....