2006 (1) TMI 375

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....& K.K. Anand, Advocates, for the Appellant. Shri B.L. Goel, SDR, for the Respondent. [Order per : C.N.B. Nair, Member (T)]. - All these appeals and stay applications raised the same question. Even though the matter is posted today before us for consideration of the stay applications, we have heard both sides at length and are of the opinion that appeals themselves are required to be dispo....

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....e impugned orders have been confirmed based on that view. 3. The contention of the learned Counsel for the appellant-assessee is that the view taken by the Commissioner treating CENVAT account as separate for each final product is contrary to the provisions of Rule as well as judgment of the Hon'ble Supreme Court and instructions of the Central Board of Excise and Customs. It is being poin....

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....to say, it is not as if credit can be taken only on a final product that is manufactured out of the particular raw material to which the credit is related. The credit may be taken against the excise duty on a final product manufactured on the very day that it becomes available."                    &em....