2015 (10) TMI 1669

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....Yashpal Sharma, DR, for the Respondent. ORDER The appellant is in appeal against the impugned order wherein Cenvat credit of Rs. 5,69,124/- has been denied to the appellant along with interest and the penalty of equivalent amount is also imposed. 2. The facts of the case are that the appellant is a manufacturer of M.S. Ingots to manufacture the final product. The appellant procured M.S. In....

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....eived these goods and have not paid duty thereon. In these circumstances, Cenvat credit cannot be denied. He further submits that demand has been sought to be confirmed against them by invoking extended period of limitation. As the appellant is filing the regular returns showing availment of Cenvat credit, in these circumstances, extended period is not invokable. 5. On the other hand, ld. DR....