2013 (11) TMI 451

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..... gs pursuant to the impugned adjudication order, on condition that the petitioner remits 80% of the Cenvat credit amount ordered to be recovered along with interest thereon under Rule 14 read with Section 75 of the Act i.e. on 80% of the Cenvat credit ordered to be recovered, within four weeks from today. - stay granted partly. - ST/3509/2012 - Stay Order No. 58225/2013 - Dated:- 1-7-2013 - Mr .....

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..... terest on the amount of Cenvat credit wrongly availed under Rule 14 of the Cenvat Credit Rules 2004 read with Section 75 of the Finance Act; besides imposing penalty under Rule 15(3) of the 2004 Rules and penalty under Section 77 of the Act. The petitioner urged before the adjudicating authority and reiterated before us as well, that in terms of Rule 6(3) of the 2004 Rules where output services ar .....

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..... he Cenvat credit ordered to be recovered, within four weeks from today. In default of deposit as directed or in reporting compliance by 8.8.2013, the stay granted herein stand dissolved forthwith on occurrence of the default, without further reference to this Tribunal. Ld. Counsel for the petitioner/appellant is present in the court and this constitutes sufficient notice to the appellant of its li .....

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