2001 (1) TMI 400

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.... [Order]. -  This is an application for reference to the Hon'ble High Court filed by the Revenue. 2. The facts of the case are that by the impugned order this Tribunal held that Modvat credit was admissible if taken on the strength of gate passes which were issued prior to 1-4-94 but were endorsed subsequently and credit thereon was taken before 30-6-94. 3. Arguing the ca....

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....tly holding that Modvat credit could be taken on the strength of G.P. 1s issued prior to 1-4-94 and used as valid documents upto 30-6-94. However, I find that after receipt of the request for reference from Revenue, the matter was examined afresh and it was noted that there was no clear indication on this issue in terms of Notification No. 16/94 and therefore, it was held that a point of law arise....