TMI Blog2013 (2) TMI 214X X X X Extracts X X X X X X X X Extracts X X X X ..... that Cenvat credit was utilised for a short time without having balance over and above that amount during material period in statutory record. Tax demand on that count has already been deposited and his client shall also deposit interest. Prayer of the appellant is to reduce penalty since use of Cenvat credit was only for a period of 6 months. He submits that if concession is granted that shall s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lement which shall be payable within 30 days of receipt of this order.Failure to make payment shall render appellant to pay entire penalty imposed in the adjudication.
5. Appeal calls for disposal in the manner indicated above. That is ordered accordingly. In view of such order, stay application is dismissed.
(Dictated & pronounced in the Open Court.) X X X X Extracts X X X X X X X X Extracts X X X X
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