PRIJAI HEAT EXCHANGERS PVT LTD Versus CCE, MUMBAI-III - Central Excise - CESTAT MUMBAI - Tri - Notification no. 39/2007 Calculation of Duty on Quarterly basis - Waiver of pre-deposit of Penalty u/s 11AC of CE Act Held hat - If the capital goods on which credit has been taken are removed after being used, the manufacturer shall pay an amount equal to CENVAT credit taken on the capital goods reduced by 2.5 percent on each quarter of the year or part thereof from the date of taking of the CENVAT credi................................... Central Excise - Case Laws
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