2010 (1) TMI 344

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... [Order per : M. Veeraiyan, Member (T)]. - The Applicant has been denied Cenvat credit on the ground that they have not maintained separate accounts for the capital goods/input services used in relation to rendering of taxable services and exempted services. An amount of Rs. 94,57,161/- has been demanded from the applicant alongwith interest and equal amount has been imposed as penalty. 2. At the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eiterates the finding of the Commissioner. He also relies on the decision of Bombay High Court in the case of CCE, Thane v. Nicholas Piramal (India) Ltd. reported in 2009 (224) E.L.T. 321 (Bom.). 4. We have carefully considered the submissions from both sides. The subject matter dealt with in the judgment of Nicholas Piramal, prima facie, does not relate to Rule 6(3)(c) of Cenvat Credit Rules. Th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X