2015 (3) TMI 208

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....y application alongwith their appeal against Order-in-Original No. 5/2013(CE) dated 14.02.2013 in terms of which Central Excise demand of Rs. 1,46,83,687/- pertaining to the period 2007-2008 to 2011-2012 (upto November, 2011) has been confirmed with interest and penalty of Rs. 2,000/- under Rule 15(3) and Rs. 50,76,702/- under Rule 15(2) of Cenvat Credit Rule 2004 has also been imposed. 2. The fa....

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....quired to pay 5%/10% of the value of the exempted goods cleared by them. They also pleaded that there was no wilfull mis-statement/suppression on their part. 4. It is seen that the adjudicating authority has clearly recorded that the total Cenvat Credit in respect of common inputs services taken by them was not reversed and only an amount of Rs. 80,006/- was reversed by them. Further, the adjudic....