2014 (10) TMI 556

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....r This stay application has been filed by the appellant for staying the operation of OIA No.CCEA-SRT-II/SSP-88/2013-14, dt.27.06.2013. The issue involved in the present proceedings is regarding amounts required to be reversed by the appellant at the time of removal of inputs as such on which Cenvat Credit was taken by the appellant under Cenvat Credit Rules, 2004. 2. Shri Kiran Sawale (Advoc....

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....ken, with respect to inputs cleared as such, was required to be reversed by the appellant. That for the excess Cenvat Credit paid on the cenvatable invoices appellant was required to file separate refund claims and on the short payments made interest is also payable. 4. Heard both sides and perused the case records. On the issue of reversal of Cenvat on inputs at the time of their clearance as ....