2015 (10) TMI 278

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....: R Periasami: Appellant filed this appeal against the Commissioner's Order dated 30.04.2013. 2. Appellants are manufacturers of 'Transmission & Conveyor Belts', registered with Central Excise and they have Unit-I and Unit-II located in the same town and availing cenvat credit on inputs and on capital goods. A show cause notice dated 07.03.2012 was issued to the appellant's Unit-....

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.... profit and loss account. The entire inputs were received in their factory and consumed by Unit-I. They duly followed the procedures prescribed under Cenvat Credit Rules, for clearance of inputs a such to other unit. In their case, the inputs were not cleared outside the factory but cleared only to their own Unit-II on reversal of credit equivalent to duty under valid invoices and they have not tr....

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....ly taken the credit on inputs and transferred the same to Unit-I by reversing the same. Therefore, interest was rightly demanded as they are not eligible for input credit. 6.I have carefully considered the submissions of both sides. The issue involved in this case is limited to the demand of interest on the credit availed on the inputs and reversed the same when inputs cleared as such from Unit....

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...."6. In this case there is no dispute about the receipt of the inputs and capital goods, in question, by the appellant unit. The only objection of the department is that the goods, in question, had been imported by the Gurgaon unit/Corporate office of the appellant company and the same have been transferred to the appellant unit at Rewari under endorsed bills of entry, while the endorsed bill of en....