2006 (12) TMI 432

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..... Shri C. Lama, DR, for the Respondent. [Order]. -  The appellants herein had availed Modvat credit on resin out of which PVC compound is made, in terms of Notification No.198/86 dated 14-3-1986 and also availed credit on GI wires. They were informed about non-availability of credit on resin on the ground that GP1s evidencing payment of excise duty were not produced and that credit o....

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.... sides and perused the records. The assessee had challenged the denial of credit on GI wires before the High Court; as seen from the copy of the Writ Petition No. 5367/89. The High Court held that all the contentions in the writ petition shall be kept open. Therefore, the issue of admissibility of credit on GI wires was very much an issue before the Asstt. Commissioner whose order was challenged b....