2009 (4) TMI 727

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..... [Order per : T.K. Jayaraman, Member (T) (Oral)]. In terms of the impugned order, the appellants are required to pre-deposit the following sums: (a) Duty (being alleged irregular credit) Rs. 3,50,33,094/- (Rupees Three Crore Fifty Lakh Thirty Three Thousand and Ninety Four only) under Rule 14 of the Cenvat Credit Rules, 2004 read with the proviso to Section 11A of the Central Excise .....

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..... equently, the appellants applied for registration for availment of the Cenvat credit and started paying duty on the finished component. When that is the case, the Audit party visited the unit and objected to the availment of credit on the ground that the processes carried out by the appellant do not amount to manufacture. Hence, proceedings were initiated against the appellants and the above menti .....

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