2007 (4) TMI 58

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..... le for benefit of Notification No. 30/2004 and accordingly demand were made alongwith penalty – Held that appellant reversing the credit utilised and pre-deposit and penalty waived
[Order per : S.S. Kang, Vice-President]. - Heard both sides. Applicant filed this application for waiver of duty and penalty. The demand has confirmed after denying the Notification No. 30/2004-CE dated 9-7-2004 in r .....

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..... uivalent to the Cenvat credit attributable to the inputs used in or in relation to the manufacture of exempted goods. 2. In the present case, as applicants were reversing the credit in respect of inputs used in the manufacture of goods which are cleared under Notification No. 13/04, therefore, in view of the provisions of sub-Rule 3 of Rule 6 of Cenvat Credit Rules, applicant had a strong case in .....

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