2012 (6) TMI 174

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..... of the appellant nor there is any request for adjournment. This mater has been reconsidered as per the direction of Hon ble President vide letter dated 18.04.12.   2. On perusal of the impugned order, we find that the first appellate authority has upheld the demands confirmed by the adjudicating authority on the ground that the appellant has been taking cenvat credit on the invoices issued .....

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..... presume that the said Bank Guarantee is valid till date and Revenue authorities may seek validity extension of the said Bank Guarantee from the assessees. We consider the said amount as enough deposit to hear and dispose the appeal. Accordingly, application for waiver of the pre-deposit of the balance amounts involved is allowed and recovery thereof stayed till the disposal of appeal.   (Di .....

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