2011 (11) TMI 557

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....AR, for the Respondent. ORDER These stay petitions are filed for the waiver of pre-deposit of an amount of Rs. 10,62,337/- and Rs. 7,37,055/- confirmed by the adjudicating authority for improper availment of Cenvat credit and penalties of Rs. 2 lakhs and Rs. 1,50,000/-. The adjudicating authority's order has been upheld by the first appellate authority. Hence these stay petitions. 2. Heard....

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....ersal of the Cenvat credit taken by the appellant on the inputs used by them for manufacturing and clearing such final products at the concessional rate of duty by not availing the benefit of exemption granted by Notification No. 29/2004. If it is undisputed that the appellant had discharged the duty liability on the final products by availing the benefit of Notification No. 59/2008-C.E., he has a....