TMI Blog2018 (9) TMI 729X X X X Extracts X X X X X X X X Extracts X X X X ..... dit Rules,2004 providing for certain exceptions did not extend to developers of special economic zones - Also, when the matter came up before the Tribunal for stay of the order of the first appellate authority, the entire amount of pre-deposit has been waived and the appeal admitted for hearing. In the circumstances in which the appeal has been admitted, the failure to deposit the amount direct ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dit on inputs utilized for supply of finished goods to developers of special economic zone for the period prior to 31 st December 2008. In the impugned order, the appeal against demand of ₹ 35,41,733/-, along with interest thereon, and penalty of like amount under rule 15 of CENVAT Credit Rules, 2004 was dismissed without going into the merits of the case owing to the failure of the appella ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d to developers of special economic zones. We also take notice that when the matter came up before the Tribunal for stay of the order of the first appellate authority, the entire amount of pre-deposit has been waived and the appeal admitted for hearing. 5. In the circumstances in which the appeal has been admitted, the failure to deposit the amount directed by the first appellate authority beco ..... X X X X Extracts X X X X X X X X Extracts X X X X
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