2015 (11) TMI 559

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..... Shri Rakesh Goyal, Additional Commissioner (AR) ORDER Per: P.K. Jain Brief facts of the case are that the appellants are engaged in the manufacture of bare copper wires, copper rods, enameled copper wire and were paying excise duty on fortnightly basis. A part of the duty was being paid from the credit of duty paid on inputs used in the manufacture of the said goods as per the provisions of Ru .....

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..... e Commissioner confirmed the said demand and also imposed a penalty of Rs. 1,00,000/- on the main appellant under Rule 13 of the Cenvat Credit Rules, 2002 and Rs. 1,00,000/- on the second appellant under Rule 26 of the Central Excise Rules, 2002. Aggrieved by the said order, the appellants are before us. 2. Heard both sides. 3. The learned counsel for the appellants submits that they have alread .....

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..... t credit utilization for few days. 4. Learned AR reiterates the finding of the adjudicating authority. 5. We have gone through the records. The issue before us is only relating to the penalty imposed on the main appellant under Rule 13 of the Cenvat Credit Rules and on the second appellant under Rule 26 of the Central Excise Rules. We note that this issue has arisen during the period 2002 when t .....

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