1995 (8) TMI 125

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....ated under the Companies Act, 1956 and is engaged in the manufacture of Soap and Detergents. It is alleged that the petitioner availed the credit of duty under the Modvat Scheme for the purpose of payment of excise duty of Ariel Detergent Cakes of 125 Gms. and Ariel Sachets of 20 Gms. from July, 1994 to September,1994 to the tune of Rs. 15,83,919.00 and during 1995 till date to the tune of Rs. 17 ....

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....ts may be directed not to compel the petitioner to reverse the credit availed on the commodities. 3. We have heard learned counsel for the petitioner and Sri Shishir Kumar learned counsel for the revenue. After examining the facts, we are of the view that since the matter is pending for a considerable period of time before the Collector, Central Excise, Kanpur, he may be directed to decide t....