2014 (4) TMI 48

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....s The applicant filed this application for waiver of predeposit of CENVAT credit of Rs.90,91,180/- along with interest and penalty of equal amount. The learned counsel submits that the applicant is engaged in the manufacture of aluminium ingots. He submits that the applicant received aluminium scrap indigenously and also imported materials. He further submits that a portion of the imported scra....

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.... as that dealer has not received the goods from the manufacturer as required under law. He also refers to Rule 3(5) and Rule 9(1) of the CENVAT Credit Rules, 2004. 3. After hearing both sides and on perusal of the records, we find that there is no dispute of the fact that the applicant received the materials under the cover of the invoice issued under the CENVAT Credit Rules. It is further not ....