2018 (3) TMI 610

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....: Ms. Archana Wadhwa The appellants are engaged in the manufacture of rolls, slitting, clutter, sharps and shear blades. After availing the Cenvat credit of duty on some capital goods, they cleared the same to a job worker unit, without reversal of the credit. The said capital goods were not received back by them within the period of 180 days, thus, making them liable to reverse the credit. ....

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....als) has very clearly held that the differential duty payable by the appellant is only Rs. 2.59 lakhs which is recoverable along with interest and penalty as due from the appellant. This clearly leads to the fact that the interest would be payable only on the balance amount and the penalty should be reduced to the demand confirmed against them. Instead of doing so, the appellate authority has uphe....