2014 (2) TMI 822

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....se are that during audit of records of the appellant, it was noticed that appellant was clearing imported raw materiel/inputs to its own Unit-II on reversal of CENVAT Credit under Rule 3(5) of the Cenvat Credit Rules, 2004 but actual amount of CENVAT Credit taken on such inputs was not reversed at the time of removal of inputs as such, which resulted in short reversal of CENVAT Credit amounting to....

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....09-CX dated 3.9.2009. The adjudicating authority confirmed the recovery of said interest vide impugned order. 2. The said order was put to challenge before Commissioner (Appeals) on the following grounds:-    "(iii) That entire issues revenue neutral, because Unit-II owns by appellant and duly registered with Central Excise as manufacturer. The amount of Cenvat Credit reversed by the a....

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....ction 11A of the Central Excise Act, 1944 prescribed ordinary period of demand of duty within 1 year period." 3. The appellant authority did not accept the above contention of the appellant and rejected the appeal. Hence the present appeal. 4. After hearing both the sides duly represented by Shri Jaydeep, learned advocate appearing for the appellant and Shri B.B. Sharma, learned DR for the respo....