2001 (3) TMI 605

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....Shri S. Kumar, JDR, for the Respondent. [Order]. - In these two appeals, the Asstt. Commissioner of Central Excise, Jaipur vide his two Orders No. 124/96 and No. 134/96 both dated 14-2-1996 has disallowed the Modvat credit of Rs. 1,11,115/- and Rs. 50,842/-respectively under Rule 57-I of the Central Excise Rules, 1944. The appellants have been asked to reverse the aforestated amounts of cred....

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....served that the assessee absolutely remained silent on the fact that the credit in excess of the stated amount had been availed by the assessee and this fact has not been disputed by them. 2. The party filed appeal against the above orders of the Asstt. Commissioner, but the same stood dismissed by the Order-in-Appeal dated 17-10-2000 passed by Commissioner (Appeals), Jaipur. 3. Th....

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....e jurisdictional Deputy/Asstt. Commissioner of Central Excise by 31st May of the subsequent financial year by the person in charge of each stockyard/depot. Subsequently, a summary of the position of all the stockyard/depots would be made plant-wise and sent to the respective plants by 15th July. In case there is any net excess quantity, the plants will make the excise duty payment at the rate of d....