2016 (8) TMI 981

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....dvocate For Respondent (s) : Shri J. Nagori, Authorised Representative ORDER Heard both sides. 2.  The brief facts of the case are that on the basis of specific information, investigations were carried out  on visiting the  premises of the three units of the appellant, namely Unit 1, Unit 2 & Unit 3 on 08/09.02.2005. The said Units had reversed cenvat credit of Rs. 77,98....

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....  the demand partly, imposed penalty and also with a direction for recovery of interest.  Even though the appellant has challenged the said order, the ld. Advocate restricted his arguments before us to the observations at Clause (viii) of Para 8 of the impugned order, wherein the adjudicating authority has directed for payment of interest at the appropriate rate on non payment/delayed pa....

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....the ld. Commissioner recorded at Para 5.3.2 to Para 5.3.6 of the Order and  submits that after analysing the facts and evidences of the case and in particular the  statements of the authorized representatives of the respective Units, who admitted to the violation of Rule 3(5) Cenvat Credit Rules,2004 and voluntarily reversed the credit, the ld. Commissioner has held that clearances of PO....