2013 (10) TMI 1137

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...., ACA FOR THE RESPONDENT: SHRI S.CHAKRABORTY, A.R.( ASSTT. COMMR.) ORDER Per Dr. D. M. Misra; The present Application is filed by the Applicant seeking waiver of MODVAT Credit amounting to Rs.1.03 crore and equal amount of penalty imposed under Rule 57U of the erstwhile Central Excise Rules, 1944. 2. At the outset, ld. Advocate for the Applicant has submitted that after filing the present Ap....