2011 (7) TMI 348

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....vat credit of central excise duty paid on MS angles used in their factory. On the ground that the cenvat credit is not admissible since M.S. angles used by the appellants is in the form of structurals, proceedings were initiated which culminated in confirmation of demand for wrongly taken cenvat credit of Rs.62,323/- with interest for the period from September 2006 to October 2007. Penalty equal t....

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....llants, extended period could not have been invoked on the ground that appellant had deliberately suppressed the fact or mis-declared to invoke extended period. Therefore he requests that appeal deserves to be allowed on the ground of limitation alone since on merits the decision of the Larger Bench is against them.   3. On consideration of the submissions, I find that on merits, the decis....