2013 (11) TMI 287

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..... r Dr. D. M. Misra : This is an application for waiver of predeposit of cenvat credit of Rs.10.43 lakhs and equal amount of penalty imposed under Rule 15(2) of the Cenvat Credit Rules, 2004. 2. Ld. Advocate, Shri B. N. Pal, appearing for the applicant, has submitted that the issue relates to availment of cenvat credit on the capital goods. The demand has been confirmed on the ground that the appl .....

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..... an amount of Rs.2.00 lakhs. We are of the opinion that the deposit of the said amount would be sufficient for hearing the appeal. Accordingly, we direct the applicant to deposit Rs.2.00 lakhs (Rupees two lakhs only) within a period of eight weeks from today and report compliance on 13.09.2013. On deposit of the said amount, the balance amount of dues adjudged would stand waived and its recovery st .....

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