2014 (1) TMI 1009

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..... r : Mr. M.V. Ravindaran; All the three stay petitions are filed against the orders in original which have confirmed the demand of liability of ineligible Cenvat credit. The demand is on the TMT Bars, cement etc. which were utilised by the appellant for construction of factory premises. 2. At the outset, learned counsel submits that they have reversed the entire amount of Cenvat credit involved i .....

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..... port compliance on 02.4.2013. 4. Since the amount stands reversed in the Cenvat credit register which needs to be verified from the lower authorities, we consider the amounts reversed by the appellant as enough deposit to hear and dispose the applications for waiver of the pre-deposit of the balance amounts involved and stay the recovery thereof till the disposal of appeals. (Dictated and pronou .....

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