2014 (5) TMI 420

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....dvocate, for the Appellant. Shri Nagesh Pathak, AR, for the Respondent. ORDER The petitioner/appellant vide the instant stay application is seeking waiver of the condition of pre-deposit of demand of Rs. 6,42,722/-, the interest thereupon as also the penalty of equal amount. 2. Briefly stated, facts relevant for the disposal of the stay application are that the appellant-company i....

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.... cause notice dated 23-7-2009 was issued to the appellant demanding inadmissible Cenvat credit amounting to Rs. 6,42,722/- along with interest and proposing equivalent penalty. The appellant filed a reply dated 15-12-2009 to the show cause notice. After hearing the appellant the Joint Commissioner vide his order dated 23-7-2010 confirmed the demand of Rs. 6,42,722/- against the appellant along wit....