2013 (1) TMI 871 - AT - Central Excise

Summary

Issues involved: Stay application rejection due to non-appearance of applicant despite earlier adjournments.

Summary:
The Appellate Tribunal CESTAT CHENNAI, comprising of Shri P.K. Das and Shri Mathew John, addressed the matter where the applicant failed to appear despite earlier adjournments. The Tribunal noted the lack of interest from the applicant's side and rejected the stay application. The applicant was directed to deposit the entire amount of CENVAT credit demanded, along with interest and penalty, within 4 weeks and report compliance by a specified date.