Case Remanded for Recalculation of Duty and CENVAT Credit, Penalty on Managing Director Also Under Review.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Penalty for crossing of threshold limit of SSI and non-payment of duty - both Members were in agreement to remand the matter to the adjudicating for fresh calculation of demand payable after extending the benefit of cenvat credit - since whole order is required to be reconsidered by the adjudicating authority, the issue of imposition of penalty on Shri Prem Khanna, M.D. is also remanded back....