2013 (1) TMI 386

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..... Deputy Commissioner (AR) Per: P.G. Chacko: This application filed by the appellant seeks waiver and stay in respect of the adjudged dues which include duty of Rs.12,37,837/- demanded against CENVAT credit found to have been irregularly taken by the appellant on HR coils, HR plates, MS plates, channels, joists, angles, beams, etc. which were claimed to be capital goods. On a perusal of the record .....

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..... the appellate authority rejected the assessee's appeal on the aforesaid ground. 3. After hearing both sides, we have not found any strong prima facie case for the assessee against the direction issued by the lower appellate authority for pre-deposit. The aforesaid structural items were claimed to have been used for fabricating/manufacturing chimney, pollution control equipment, material handling .....

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..... ellant is running through a financial crisis on account of the ongoing Telangana agitation. In the result, we hold that pre-deposit of an amount of Rs. 2,50,000/- (Rupees Two lakhs fifty thousand only) before the lower appellate authority would suffice the purpose. Accordingly, we modify the direction of that authority. The appellant shall pre-deposit this amount within six weeks from today and re .....

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