2013 (10) TMI 1190

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... FOR THE RESPONDENT : SHRI S.CHAKRABORTY, A.R.(ASSTT. COMMR.) ORDER Per Dr. D. M. Misra; This is an Application seeking wavier of predeposit of CENVAT Credit of Rs.70.50 lakh and equal amount of penalty imposed under Rule 15 of the CENVAT Credit Rules, 2004 read with Section 11AC of the Central Excise Act, 1944. 2. At the outset, ld. Advocate for the Applicant has submitted that the Ap....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....dras Cements Ltd. reported in 2010(259) ELT 213(Kar.). 3. Ld. AR for the Revenue has submitted that the judgments cited by the ld. Advocate relate to the definition of capital goods under Rule 57Q of the erstwhile Central Excise Rules, 1944. It is his submission that the definition of capital goods has undergone change in the present case under CENVAT Credit Rules, 2002/2004. Therefore, those j....