2006 (2) TMI 588

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....V.B. Nair, JDR, for the Respondent. [Order]. -  Heard both sides. 2. The appellants M/s. Asian Paints (India) Ltd., are engaged in the manufacture of paints and varnishes falling under Chapter sub-heading No. 32 of the Central Excise Tariff Act, 1985. The issue involved in this appeal is denial of Modvat credit of Rs. 46,045/- (Rupees Forty Six Thousand Forty Five only) on re-pr....

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....of the inputs, which were contained in the returned material. Since the object of the Modvat scheme as reflected in Rule 57A is to give credit only in respect of such inputs which are used in or in relation to the manufacture of the final product and not meant to reimburse duty element on rejected materials, brought for the purpose of reprocessing, the appellants are not entitled to such credit. T....

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....here is no specific finding about the use of reprocessed inputs in the manufacture of final product. In that view of the matter both authorities below erred as there is no specific finding about the actual use of the reprocessed goods in the manufacture of final product. At this length of time there can be no point in remanding the matter for specific finding on the aspects as the material is expe....