2002 (1) TMI 1005

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..... nt. [Order]. The question involved in this case is about non-compliance of Modvat Credit Rules after it was removed from the statute book of Finance Act, 2000. This question was referred to the Larger Bench for consideration. The Larger Bench in its order dated 7-6-2001 in the case of Kisan Sahkari Chini Mills Ltd. v. CCE, Kanpur [2001 (131) E.L.T. 370 (Tri.-LB)] has referred to the prov .....

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..... estion is about imposition of penalty. When the matter was taken up, it was pointed out by the learned Counsel for the appellant that since there is an immediate compliance, it should constitute remission of duty in terms of the decision of the Larger Bench in the case of DCW Ltd. v. CCE, Madurai - 1996 (81) E.L.T. 381. Learned DR would adopt the reasoning of the lower authorities. I agree that th .....

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