2011 (4) TMI 1190

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..... has not given any valid reason to impose penalty under Rule 15(1) and Rule 15(2) of Cevant Credit Rules, 2004 - Therefore, set aside the penalty in total - denial of credit and consequent order of recovery along with interest is upheld. - E/2272/08-SM - - - Dated:- 27-4-2011 - Mr. M.Veeraiyan, J. Present for the Respondent: Shri S.k.Bhaskar, DR PER: M.VEERAIYAN Heard learned DR. Non .....

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..... n denying the credit as burden to prove eligibility of cenvat credit is on the appellants. However, he has not given any valid reason to impose penalty under Rule 15(1) and Rule 15(2) of Cevant Credit Rules, 2004. The Commissioner (Appeals) has also not given any finding as to why he has upheld the penalties. 4. In view of the above, denial of credit of Rs.25,505/- and consequent order of recove .....

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