2008 (3) TMI 532

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..... the Respondent. [Order per : M.V. Ravindran, Member (J)]. This application is for waiver of pre-deposit of the amount of duty of Rs. 22,68,148/-. 2. Considered the submissions made by both sides and perused the records. 3. The issue involved in this case is denial of Modvat/Cenvat credit on the hanging cards on which razor blades are fitted. The applicants availed the Modvat/Cenvat c .....

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..... luded in the cost of the product. As such, prima facie, we find that the order of the Commissioner (Appeals) order seems to be not correct on the facts as well as on the issue. 4. Accordingly, we find that the applicants have made out a prima facie case for waiver of the amount of duty involved. Accordingly the application for waiver of pre-deposit is allowed and the recovery thereof stayed till .....

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