2014 (3) TMI 551

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....oner (AR) ORDER In the first appeal, the appellant has reversed the CENVAT credit in question, a fact not in dispute. In the second appeal, no such reversal was made of the CENVAT credit in question. The learned consultant for the appellant has reasoned that the period of dispute in this case is prior to 7.7.2009, the date on which the definition of input given under Rule 2(k) of the CENVAT ....

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....submissions of the learned Deputy Commissioner (AR) inasmuch as the Larger Bench held the aforesaid amendment to be retrospective. 3. In the result, in the first appeal, there will be waiver of pre-deposit and stay of recovery in respect of the penalty imposed on the appellant while, in the second appeal, there will be a direction to the appellant to reverse the CENVAT credit in question, where....