2013 (11) TMI 1103

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..... inha, Addl. Commr.(A.R.) ORDER Per Dr. D.M. Misra; 1. These applications are filed seeking waiver of pre-deposit of Cenvat Credit of Rs.10.99 Crores and equal amount of penalty imposed under Rule 15 Cenvat Credit Rules, 2004 and personal penalty of Rs.10,00,000/- imposed on the Director Shri Vinay Kumar Mundra under Rule 26 of Central Excise Rules, 2002. 2. At the outset the Shri B. N. Chatto .....

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..... n angles, channels, beams, joists etc. used in the manufacture of capital goods in the factory and demand is raised invoking extended period of limitation, but directs pre-deposit, in case of demand for normal period. Following the same, we direct the applicant to deposit 25% of Rs.2.44 Crores within a period of 12(twelve) weeks and on deposit of the said amount, the balance dues adjudged would st .....

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