2007 (11) TMI 487

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....espondent. [Order]. - Heard ld. DR on behalf of the Revenue. None appeared on behalf of the respondent inspite of issue of notice. 2. After hearing the ld. DR and on perusal of the records, it is seen that the respondent cleared the capital goods under Rule 3(4) of Cenvat Credit Rules, 2002. Rule 3(4) of Cenvat Credit Rules, 2002 provides that when inputs or capital goods on which Ce....