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of <h1>Manufacturers' Appeal Dismissed Upholding Duty Demand and Penalty</h1> <h3>Bimetal Bearings Ltd. Versus Commissioner of Central Excise, Chennai</h3> The appeal by manufacturers of Bi-metallic strips and Copper-based powder was dismissed by the Larger Bench of the Tribunal. The decision upheld duty ... - The appeal regarding entitlement to take back credit by manufacturers of Bi-metallic strips and Copper-based powder was settled against the assessees by the decision of the Larger Bench of the Tribunal. The impugned order confirming duty demand and imposing penalty was upheld, and the appeal was rejected.
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