2014 (11) TMI 504

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....tesh Nagori, Addl.Commissioner (AR) ORDER Per: H.K. Thakur 1. This stay application has been filed by the appellant with respect to OIO No. STC/22/Commr/AHD/2013, dt.29.05.2013 issued by Commissioner of Service Tax, Ahmedabad confirming, inter alia, demand of Rs. 68,01,423/- against the appellant. Shri N.K. Tiwari, ld.Consultant appearing on behalf of the appellant argued that credit has ....

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.... considered as enough deposit for granting stay on the remaining amounts. 3. Shri J. Nagori (AR) appearing on behalf of the Revenue argued that this Bench, as well as other Benches of CESTAT have repeatedly held that credit with respect to trading activities is not admissible in view of the following case laws where either deposit has been asked for from the appellant or appeal has been decided....

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.... Lally Automobiles Pvt.Ltd. Vs CCE New Delhi [2013-TIOL-1216-CESTAT-DEL] 4. Heard both sides and perused the case records. It is observed that conflicting views have been expressed by various Benches of CESTAT regarding admissibility of CENVAT Credit with respect to trading activity. This Bench in the case of Lacto Cosmetics (Vapi) Pvt.Ltd Vs CCE Daman [2013 (30) STR 107 (Tri-Ahmd) (supra) and ....