2014 (1) TMI 112

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....: Shri A.K. Biswas, Supdt.(A.R.) ORDER Per Dr. D.M. Misra; 1. This is an application seeking waiver of pre-deposit of MODVAT Credit of Rs.60,75,043/- and equal amount of penalty imposed under Rule 57U(6) read with Rule 173Q(bb) of erstwhile Central Excise Rules, 1944. 2. Ld. Advocate Shri M. P. Debnath, for the applicant, has submitted that during April, 1994 to March, 1998, the Applic....

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.... (I) Ltd. vs. CCE-Noida 2004 (163) ELT 344 (Tri.-Del.). 3. Ld. A.R. for the Revenue did not dispute the retrospective amendment and also the Certificate of Chartered Accountant produced by the Applicant. 4. Heard both sides and perused the records. We find that in the Chartered Accountant Certificate it is clearly mentioned that the applicant had neither claimed depreciation under Section 32....