1998 (9) TMI 489

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.... for the Respondent. [Order per : Lajja Ram, Member (T)]. -  In this appeal filed by M/s. Ichalkaranji Machine Centre Pvt. Ltd., the matter relates to the Modvat credit and the payment of Central Excise duty at the concessional rate, which was only available when the small scale manufacturer availed of the benefit of Modvat credit. The Addl. Collector of Central Excise, Pune, who had ad....

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....matter is very old, in which the show cause notice was issued in the year 1990, we proceed to deal with the matter on merits after hearing Shri R.D. Negi, SDR. 3. Shri R.D. Negi, SDR submitted that the appellants had brought exempted inputs and thus there was no question of their taking any credit. While they did not avail of any credit they paid concessional rate of duty on their final pr....

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....vailing the benefit of Modvat credit and was intended for the benefit of producers from the small scale units, who could then avail the benefit of further Modvat credit. 5. It is seen from the facts on record that the appellants brought the inputs - cast iron, castings and steel bars. The cast iron castings were exempted from duty and thus, there was no question of taking any Modvat credit....