2014 (3) TMI 702

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Shri P. Arul, Superintendent (AR) JUDGEMENT Per P.K. Das 1. Applicant filed this application for waiver of predeposit of duty of Rs.12,08,088/- for the period 2007-08. On a perusal of the impugned order, we find that the applicant removed the capital goods as such without reversal of the credit from the applicant's other units. 2. The Learned advocate submits that the law is well settl....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....erefore they are liable to reverse the credit. He relies upon the decision of the Larger Bench of the Tribunal in the case of Modernova Plastyles Pvt. Ltd. Vs CCE Raigad - 2008 (2320 ELT 29 (Tri.-LB) and the judgement of Hon'ble Madras High Court in the case of CCE, Salem Vs Rogini Mills Ltd. - 2011 (264) ELT 367 (Mad.). 4. After considered the submissions of both sides, and on perusal of the s....