TMI Blog2011 (10) TMI 361X X X X Extracts X X X X X X X X Extracts X X X X ..... appellant and the Managing Director is waived and recovery thereof is stayed till the disposal of the appeals. - E/222-223/2011-SM - - - Dated:- 13-10-2011 - Shri Rakesh Kumar, J. Appeared for the Appellant: Shri D.K. Tyagi, Appeared for the Respondent: Shri R.K. Gupta, SDR. Per Rakesh Kumar: The appellants are manufacturers of Aluminium Ingots from Aluminium Scrap. At the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6.02.2010 by which while the seizure of Aluminium Skimming, Aluminium Pata, Aluminium Dana was vacated, cenvat credit demand of Rs.3,80,000/- in respect of the shortage of Aluminium Scrap was confirmed and besides this, penalty of equal amount was imposed on the appellant under Section 11 AC and a penalty of Rs.20,000/- was imposed on Shri Pritam Mantri, Managing Director of appellant company. On ..... X X X X Extracts X X X X X X X X Extracts X X X X
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