2016 (6) TMI 1211

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....ate For the Respondent : Yogesh Agarwal, AR ORDER Archana Wadhwa (Judicial Member) The challenge in the present appeal is only to the imposition of penalty of Rs. 1,08,88,166/- imposed upon the appellant in terms of provisions of Rule 57 U(6) of Central Excise Rules, 1944, inasmuch as they have been permitted by the High Powered Committee only to challenge penalty and not to challenge ....

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....e definition of capital goods as appearing under Rule 56 Q of Central Excise Rules. 3. However, Revenue doubted the correctness of the said classification adopted by M/s. Simplex Engineering & Foundry Works at their end and initiated proceeding for confirmation of differential duty against M/s. Simplex Engineering & Foundry Works, on the ground that the bins were correctly classifiable under 73....

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....denying the cenvat credit to the present appellant along with imposition of penalty upon both the appellants. 5. It is seen that appeal filed by M/s. Simplex Engineering & Foundry Works was disposed of by the Tribunal vide Order No. 52733/2015 dated 18.8.2015 and the impugned order against M/s. Simplex Engineering & Foundry Works was set aside on the point of limitation. Inasmuch the same order....