2012 (6) TMI 751

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..... ened in October 2005. A claim settled by the Insurance Company confirms the occurrence of flood. Therefore, we do not prima facie find valid reason to uphold the demand as per the impugned order. In view of the above, there shall be waiver of pre-deposit of dues as per the impugned order and stay of recovery thereof till disposal of the appeal - Stay granted. - Appeal No. 1727/2011 - - - Dated:- .....

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..... VAT Credit Rules 2004 read with Section 11A. While the value of raw materials given in the show-cause notice is only around Rs. 22 lakhs, no explanation is forthcoming as to how the credit amounting to more than 12 lakhs is being demanded. 3. The learned advocate for the appellants has submitted that they have paid a sum of Rs. 3,51,053/- on the salvaged portion of raw materials/fabrics and sack .....

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