2014 (2) TMI 615

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....for the waiver of pre-deposit of the amount of interest and the penalty imposed by the adjudicating authority. 2. The issue involved in this case is regarding the improper availment of cenvat credit by the appellant on bill of entry on which actual duty paid was nil. 3. Heard both sides and perused the records. 4. On perusal of the records, we find that the appellant had reversed the cenvat cre....

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.... the penalty, we find that the appellant has made out a prima facie case for the waiver of the equivalent amount of penalty imposed by the adjudicating authority on the ground that the appellant themselves have reversed the cenvat credit. 5. On deeper consideration of the issue, we find that as regards the interest, the appellant should be put to some condition to hear and dispose the appeal. Acc....