2012 (7) TMI 293

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d - proceedings initiated by show cause notice for recovery of 10% of the value of the exempted goods cleared from the factory premises dropped - order is correct and legal and does not suffer from any infirmity - Appeal filed by the Revenue is rejected - E/52/2007 - - - Dated:- 18-6-2012 - Mr.M.V. Ravindran, Mr. B.S.V. Murthy, JJ. Shri S.K. Mall, A.R.: for the Revenue. Per: M.V. Ra .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... o such conclusion, he dropped the proceedings initiated by show cause notice for recovery of 10% of the value of the exempted goods cleared from the factory premises. We find that in the case of Kudremukh Iron Steel Limited, the Hon'ble High Court of Karnataka has upheld the proposition of the law and as per the retrospective amendment of the provisions of Rule 6 of Cenvat Credit Rules, assessee .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X