2014 (10) TMI 235

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...., Advocates, for the Appellant. Shri S.K. Mall, AR, for the Respondent. ORDER [Order per : M.V. Ravindran, Member (J)]. - This stay petition is filed for the waiver of pre-deposit of an amount of Rs. 1,04,75,323/- confirmed as ineligible Cenvat credit availed by the appellant during the period July, 10 to April 11, interest thereof and penalty under provisions of Rule 15(1) of the Cenvat Credit....

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....ed for exports only. Learned Counsel submits that on rebate claims different proceedings are already initiated and are at various stages, while in the case in hand it is in the denial of Cenvat credit, order in the case of M/s. Arvind Polycot & Arvind Ltd. v. CCE, Ahmedabad in Stay Order No. S/1531-1532/WZB/AHD/2011, dated 21-11-2011 [2013 (297) E.L.T. 278 (Tri.-Ahmd.)], will cover issue. 4.&emsp....