1996 (3) TMI 245

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....Respondent. [Order]. - Modvat credit of Rs. 23,140 (BED) plus Rs. 3,471 (SED) has been denied to the appellants under Rule 57-I of the Central Excise Rules and penalty of Rs. 2,500/- has also been imposed upon them under Rule 173Q on the ground of contravention of the provisions of Rule 57G in as much as, the appellants did not declare Alloy Steel in rounds falling under sub-heading 7228.30 and....

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....refore, Modvat has been rightly disallowed. He seeks to distinguish the case law cited on the ground that in those cases, Modvat credit was extended either on the basis that the item for which Modvat credit had been sought to be denied, was akin to some other item which had been declared or on the ground that the description of declarcd input was wide enough to cover the input not declared. 4.&em....