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2014 (1) TMI 163 - AT - Central ExciseCenvat credit availed No necessary documents produced - Waiver of Pre-deposit Held that - The appellant had availed the CENVAT Credit of the inputs lying in stock as on 13.08.2006 for which there was no proof produced to show that they had a stock of material on which credit was availed - if a person is in the activity of manufacture he would have maintained a proper record of showing consumption of the material and output of such consumption - A prudent businessman would maintain such records and defend his claim before the authorities - In the absence of any records Prima facie the appellant has not made out a case in their favour Appellant is directed to deposit Rupees One lakh as pre-deposit Upon such submission rest of the duty to be waived till the disposal Partial stay granted.
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