2013 (10) TMI 987

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..... DER Per DR.D.M. MISRA; This is an application filed seeking waiver of pre-deposit of 4.5 crores and penalty of Rs.10.00 Lakhs imposed under Rule 25 of Central Excise Rules, 2002. 2. The Ld. Consultant Shri B.N. Chattopadhyay appearing for the applicant has submitted that they discharged their monthly liability of duty for the period February, 2010 payable in the month of March, 2010 has been pa .....

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..... (3A) that the applicant is required to discharge duty through PLA during defaulting period and he is debarred from the utilization of cenvat credit and the same should be strictly followed. He has placed reliance on the decision of the Hon'ble High Court of Gujrat in the case of Precision Fasteners Ltd. Vs. Commissioner of Central Excise: 2011 (268)ELT 163 (Guj.) 4. In his rejoinder, the Ld. Con .....

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