2016 (2) TMI 587

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....R), for the Respondent. ORDER These two appeals are directed against Order-in-Appeal No. PUN-EXCUS-002-APP-099 & 100/13-14, dated 9-10-2013. 2. Heard both sides and perused the records. 3. On perusal of the records, it transpires that the issue involved in these two appeals is regarding the penalties imposed by the adjudicating authority and upheld by the first appellate authority th....

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....te the appellants as having supplied market scrap. He would rely upon the statements of Shri Shivgovind Pandey, Director of M/s. Indian Steel and M/s. Jai Ambe Multi Trade Pvt. Ltd. and Shri Lalit Inderchand Baliya, Director of M/s. MTC Business Pvt. Ltd. to submit that the records very clearly indicate that they had supplied the material based upon the visual inspection. 5. Learned D.R. on ....

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....available on records nor the appellant had argued on these points. 6.1 I find that the first appellate authority in his impugned order in para 12.1 has recorded the following :- "It is also on record that Super Craft have reversed the Cenvat Credit availed by them in the transactions involved in this case. In view of this, I agree with the findings of the adjudicating authority holding bot....

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....te authority, M/s. Super Craft who were recipients of the goods/inputs supplied by the main appellant herein, has reversed the Cenvat credit availed on the transactions. I find that the learned Counsel has relied upon various records like tax invoices are also not instilling any confidence that the appellant had supplied the same material as mentioned in the tax invoice as, I find from a specimen ....