2016 (7) TMI 592

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....i S.S.Chatterjee, Suptd.(A.R) ORDER PER SRI H.K.THAKUR 1. This Appeal has been filed by the Appellant with respect to Order-in-Appeal No. 30/Kol-V/2011 dated 02.03.2011 passed by the Commissioner of Central Excise,(Appeals-I), Kolkata. 2. Sri B.N.Pal, Advocate appearing on behalf of the Appellant argued that the issue involved before the lower authorities was simultaneous availement of....

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....port of his argument that the depreciation has been wrongly calculated. 3. On the issue of penalty it was the case of the Appellant that once Cenvat Credit wrongly taken was reversed then no penalty is attracted under Rule 15(2) of the Cenvat Credit Rules, 2004 read with section 11AC of the Central Excise Act, 1944. 4. Sri S.S.Chatterjee, Suptd.(AR) appearing on behalf of the Revenue argued ....

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....judicating authority for verifying the claim of the Appellant. Appellant should also produce all the relied upon documents, including chartered accounts certificate produced before this bench. Needless to say that a personal hearing should be extended to the Appellant for explaining their case regarding correct calculation of Cenvat Credit required to be reversed. 6. On the issue of imposition ....