2004 (3) TMI 540

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.... Shri T. Ramesh, Advocate, for the Respondent. [Order per : K.C. Mamgain, Member (T) (Oral)]. - his appeal is filed by the Revenue against the Order-in-Appeal No. 627/2000-C.E., dated 14-11-2000. 2. Shri L. Narasimha Murthy, learned SDR appearing for the Revenue pleaded that the Respondents M/s. NTTF industries are manufacturers of excisable goods falling under Chapter 84 of Schedul....

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....harges if includable in the assessable value of final product manufactured by the respondents, the benefit of Modvat credit should be extended. 3. He pleaded that the Respondents have sub-contracted design and moulds to their another manufacturing unit and such unit have undertaken the engineering job of designing and preparation of blue prints of moulds. On completion of such assigned eng....

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....f excisable goods. The design and development charges incurred by another unit cannot be considered for taking Modvat credit only on the ground that expenses incurred by the Respondent firm form part of the value of final product totally ignoring the principle and procedure prescribed under Modvat scheme. 4. Shri T. Ramesh learned advocate appeared for the respondents and he pleaded that t....

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....nes were being developed by M/s. Poona Shrims for IC engines manufactured by the Kirloskar Cummins Ltd. M/s. Poona Shrims supplied components of IC engines and also paid duty on design and development charges on the same gate pass under which the components of IC engines were supplied and stated that since they cannot quantify the number of components which will be manufactured from that design an....