2005 (5) TMI 516

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....he Respondent. [Order]. -  In this appeal which has been filed by the appellants against the impugned order in Appeal, the issue relates to the denial of Modvat credit of the amount in dispute on capital goods as well as inputs detailed in Order-in-Original. 2.I have heard both the sides. On the inputs, the credit has been sought to be denied to the appellants by the Revenue on the ground ....

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....ce of this agency, the appellants are entitled to the credit on inputs covered thereunder. 4The capital  goods on which the credit has been denied are machines for dieblocks, dies, wire and cables. The machines imported by the appellants, have been used by them in the manufacture of die blocks, which are capital goods for them being used for producing the dies which in turn are used in the m....