2014 (3) TMI 481

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..... osit 50% of the CENVAT credit - Conditional stay granted. - Appeal Nos. 2456 - 2461 of 2012 - - - Dated:- 12-2-2013 - Mr. P.G. Chacko, J. For the Appellant: Mr. Nagendra Murthy, Advocate For the Respondent: Ms. Sabrina Cano, Superintendent (AR) ORDER After perusing the records and hearing both sides, I find that the impugned demands arise out of denial of CENVAT credits found .....

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..... dispute regarding this quantum of demand. 3. Following the cited precedent, I direct the appellant to pre-deposit an amount of Rs. 1,50,000/- (Rupees One lakh fifty thousand only) within six weeks and report compliance to the Deputy Registrar on 19.4.2013. The Deputy Registrar to report to the Bench on 26.4.2013. Subject to due compliance, there will be waiver and stay in respect of the penaltie .....

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