2012 (8) TMI 598

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....sp;Heard both sides on the stay petition. 2. The applicant seeks waiver of pre-deposit of duty amount of Rs. 87,369/- along with interest and penalty of Rs. 5,000/- imposed under Rule 15 of the Cenvat Credit Rules, 2004. 3. The applicant is using MS plates, angles and channels to manufacture power cable distribution boards which are used in Poly Machines which are used in the manufactu....