TMI Blog2007 (4) TMI 58X X X X Extracts X X X X X X X X Extracts X X X X ..... d penalty waived - Stay App.No. E/505/2007 in A.No. 555/2007 - Stay Order No. 431/2007-EX(PB) - Dated:- 17-4-2007 - [Order per : S.S. Kang, Vice-President]. - Heard both sides. Applicant filed this application for waiver of duty and penalty. The demand has confirmed after denying the Notification No. 30/2004-CE dated 9-7-2004 in respect of Nylon Filament Yam of 210 Denier 24 ply BRT. On the g ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n or in relation to the manufacture of exempted goods. 2. In the present case, as applicants were reversing the credit in respect of inputs used in the manufacture of goods which are cleared under Notification No. 13/04, therefore, in view of the provisions of sub-Rule 3 of Rule 6 of Cenvat Credit Rules, applicant had a strong case in their favour. The pre-deposit of duty and penalty is waived ..... X X X X Extracts X X X X X X X X Extracts X X X X
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