2015 (10) TMI 2584

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..... ngh, D.R. PER: S.K. MOHANTY Heard both sides and perused the records. 2. The appellants filed this appeal against denial of cenvat credit alongwith interest and imposition of penalty. The appellants had taken 100% cenvat credit on Dises instead of 50% of cenvat credit in the same financial year and the balance 50% of cenvat credit are to be taken in any financial year, subsequent to the financi .....

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..... he case of CCE, Pune vs. SKF India Ltd., reported in 2009 (239) ELT 385 (S.C.). 6. In view of the above discussions, the impugned order is modified in so far as demand of cenvat credit alongwith interest as referred in Paragraph 3 as above is set aside. As the issues involved are interpretation of the provisions of law, penalty is set aside. The appeal field by the appellant is partly allowed. [ .....

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