2011 (8) TMI 152

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..... nbsp; This stay petition is filed for waiver of pre-deposit of amount of Rs. 41,34,053/- confirmed as ineligible cenvat credit along with interest and equivalent amount of penalty.   2. Heard both sides and perused the records.   3. The issue involved is regarding the eligibility of the applicant/ appellant for the benefit of cenvat credit availed on the basis of invoices which were p .....

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..... ment of cenvat credit on the basis of fake invoices and, as all the identically situated appeals of other assessees have been remanded to the original adjudicating authority by this Tribunal vide final order dated 24.01.2011 with directions to reconsider the issue in the light of the directions given in that order, we allow this appeal by way of remand to original adjudicating authority to decide .....

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