2001 (11) TMI 849

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....a, JDR, for the Respondent. [Order]. - The appellants manufactured Iron and Steel products and availed Modvat credit on inputs under Rule 57A of Central Excise Rules, 1944. The Assistant Commissioner of Central Excise, Patiala vide his order dated 30-8-98 disallowed Modvat credit availed by appellants on the strength of two invoices issued in their favour by M/s. Amarjit Enterprises - a regi....

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....g discharge of duty. Similarly Modvat credit on the other four invoices issued by the registered dealer M/s. Khullar Enterprises is also denied. The total amount of Modvat credit denied to the appellants on this ground is Rs. 1,04,982.16. A penalty of Rs. 10,000/- is also imposed on the party. 2. The party filed an appeal but the same stood rejected by the order dated 13-3-2000 issued by C....

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.... reconciled . It is well known that iron and steel products are received at the SAIL depots through wagon loads or road transport which are accompanied by the duty paying invoices issued by the concerned steel plants. The SAIL depots are registered as dealers under Rule 57GG. The products are further issued to different dealers under the invoices of the SAIL depots and if the SAIL depots are certi....