2007 (1) TMI 420

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... [Order (Oral)]. - Revenue has filed the subject appeal against a part of the impugned order wherein the Commissioner (Appeals) had decided that the inputs removed by the respondents during the period 1-3-01 to 20-6-01 and 1-3-02 to 6-2-03. on payment of duty equal to the credit availed by them was not correct. In passing the above order, the Commissioner (Appeals) had followed the ratio of....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ctured by the assessee, as prescribed in the above rules in force at the material time. 2. The revenue also has sought to restore the penalty of Rs. 1,18,862/- under Section 11AC of Central Excise Act, 1944 imposed in the order-in-original, which had been reduced by the Commissioner (Appeals) to Rs. 5,000/-. 3. Heard both sides. The part of the impugned order challenged by the reve....