2013 (5) TMI 562

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..... no suppression of fact with intent to evade payment of tax also that the appellant paid the tax before issue of SCN. There is sufficient cause for failure to reverse the credit. Thus, Section 78 cannot be invoked. The demand of CENVAT credit which has already been paid along with interest is upheld. - ST/695/2012 - Final Order No. 40090/2013 - Dated:- 15-3-2013 - Shri P.K. Das, J. For the .....

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..... nded interest and also imposed penalty of equal amount of credit under Rule 15(3) of CENVAT Credit Rules, 2004 read with Section 78 of the Finance Act, 1994. Commissioner (Appeals) upheld the adjudication order. 3. The learned representative on behalf of the appellant submits that they have reversed the credit of Rs.2,46,652/- in the month of September 2009 on the basis of audit queries. Thereaf .....

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