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TMI Blog2013 (12) TMI 1081X X X X Extracts X X X X X X X X Extracts X X X X ..... ORDER Per Dr. D. M. Misra : This is an application for waiver of pre-deposit of duty of Rs.3,53,87,779/- and penalty of Rs.2,000/- imposed under Rule 15 (3) of the Central Excise Rules, 2004 read with Section 11AC of the Central Excise Act, 1944. 2. At the outset, the ld. Advocate has submitted that out of the total amount of Rs. 3,53,87,779/-, the major portion related to availment of cenvat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ade a fair offer to deposit Rs.13.00 (Thirteen) Lakhs. 3. The ld. A.R. for the Department has submitted that the applicant has not followed the procedure as laid down by the Cenvat Credit Rules, 2004, for availing cenvat credit on various input services used in its various units. The ld. A.R. has submitted that unless the procedures prescribed under the Cenvat Credit Rules, are followed, it could ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 to July, 2007, there was only one Unit viz. M/s Ramrupai Balaji Steels Ltd., which later merged and now named as M/s Jai Balaji Industries Ltd., the applicant. However, prima-facie, keeping in view of the interest of revenue and to meet the ends of justice, we direct the applicant to deposit Rs.13.00 lakhs (Rupees thirteen lakhs only) within a period of eight weeks from today and report complian ..... X X X X Extracts X X X X X X X X Extracts X X X X
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