Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2011 (11) TMI 557

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d 9-7-2004, and further amended by Notification No. 59/2008-C.E., dated 7-12-2008 and another notification was also issued granting concessional rate of duty for the period from same product. Appellants availed Notification No. 59/2008-C.E. for clearances made to export, and discharged concessional rate of duty under Notification No. 59/2008-C.E., for which they filed various rebate claims. In our .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... an and Dr. P. Babu, Members (T) Shri S.J. Vyas, Advocate, for the Appellant. Shri S.K. Mall, AR, for the Respondent. ORDER These stay petitions are filed for the waiver of pre-deposit of an amount of Rs. 10,62,337/- and Rs. 7,37,055/- confirmed by the adjudicating authority for improper availment of Cenvat credit and penalties of Rs. 2 lakhs and Rs. 1,50,000/-. The adjudicating auth .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hey filed various rebate claims. In our considered view, the entire case of the Revenue is for reversal of the Cenvat credit taken by the appellant on the inputs used by them for manufacturing and clearing such final products at the concessional rate of duty by not availing the benefit of exemption granted by Notification No. 29/2004. If it is undisputed that the appellant had discharged the duty .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates