2014 (6) TMI 482

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.... Respondent. ORDER After hearing both sides, I find that Commissioner (Appeals) has dismissed the appellants appeals on the ground of non-compliance with the stay order passed by him vide which the appellant was directed to deposit an amount of Rs. 20 lakhs out of total confirmed duty of Rs. 41,49,766/-, as a condition of hearing of their appeal. 2. The said demand stand confirmed against ....

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....ceived by the present appellant was exempted inputs. Further, the invoices issued by the input manufacturer earned the endorsement to the effect - "copy does not entitle the holder the tax credit". Revenue entertained a view that no credit would be available on the basis of invoices in question. Accordingly, proceedings were initiated resulting in confirmation of demand along with interest and imp....

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....eposit of Rs. 20 lakhs. As per the learned advocate, his intention was drawn to the same. As regards endorsement, it stand clarified that same is in respect of VAT paid under Assam Value Added Tax Rules, 2005, which requires an assessee to endorse the said words on the tax invoice. This issue was addressed by the Additional Commissioner having jurisdiction over the appellants factory by writing a ....