2013 (12) TMI 559

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..... 2009 is legally in order - Held that:- appellant gets legitimate support from the above Circular to the proposition that CENVAT credit which accrued to the appellant on 29-6-2010 could be utilized for payment of arrears of Service tax for the period February to December, 2009. Therefore, there will be waiver of pre-deposit and stay of recovery in respect of the adjudged dues - Stay granted. - ST/ .....

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..... counsel has usefully referred to Circular No. 962/05/2012-CX., dated 28-3-2012 of the C.B.E. C. This Circular clarifies to the effect that CENVAT credit accruing on a given date to a manufacturer of excisable goods could be utilized for payment of arrears of duty for a period prior to the said date. Drawing a parallel between Section 11A of the Central Excise Act considered in the above Circula .....

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