2016 (4) TMI 1188

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..... is in appeal against the impugned order for imposing penalty under Rule 15 of the Cenvat Credit Rules, 2004 read with Section 11AC of the Central Excise Act, 1944. 2. The facts of the case are that during the course of audit for the period of December, 2006 to December, 2008, it was found that the appellant has taken Cenvat credit on capital goods and as well as claimed depreciation during .....

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..... pellant nor any request for adjournment has been received. The appeal has taken up for disposal in the interest of the justice. 4. On the other hand, the ld. AR reiterated the finding of the impugned order. 5. On perusal of the records, I find that in this case the appellant is not contesting the liabilities of the duty along with interest and he is contesting only imposition of penalt .....

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