2014 (4) TMI 136

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..... e-deposit of the amounts involved. Accordingly, application for the waiver of pre-deposit of the amounts involved is allowed and recovery thereof stayed till the disposal of appeal - Following decision of the case of Raghav Alloys (P) Ltd. [2010 (4) TMI 294 - PUNJAB & HARYANA HIGH COURT] - Stay granted. - E/965/2012 - M/10399/WZB/AHD/2013 - Dated:- 17-1-2013 - M V Ravindran, J. For the App .....

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..... it is his submission that as per the provisions of Rule 3(5) the amount needs to be reversed is amount of credit availed on such capital goods. 5. On a specific query from the Bench, ld. D.R. fairly submits that identical issue has been decided by the Hon'ble Punjab Haryana High Court in the case of Raghav Alloys (P) Ltd. - 2011 (268) ELT 161 (P H) . On perusal of the said case law, I find t .....

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