2007 (1) TMI 420

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..... ect appeal against a part of the impugned order wherein the Commissioner (Appeals) had decided that the inputs removed by the respondents during the period 1-3-01 to 20-6-01 and 1-3-02 to 6-2-03. on payment of duty equal to the credit availed by them was not correct. In passing the above order, the Commissioner (Appeals) had followed the ratio of the following decisions of the Tribunal: 1. CCE v .....

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..... s in force at the material time. 2. The revenue also has sought to restore the penalty of Rs. 1,18,862/- under Section 11AC of Central Excise Act, 1944 imposed in the order-in-original, which had been reduced by the Commissioner (Appeals) to Rs. 5,000/-. 3. Heard both sides. The part of the impugned order challenged by the revenue was passed as per the ratio of the judgment of the Tribunal, ap .....

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