2007 (12) TMI 332

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....lant. Shri Y.D. Banga, SDR, for the Respondent. [Order per : M.V. Ravindran, Member (J)]. -  This appeal is directed against the Order-in-Original No. 81(36/RT)Commr/04-05 dated 31-3-2005. 2. Confirmation of demand has arisen on the ground that the appellant had availed Cenvat credit on rods, which were utilized by the appellant for drawing the wire and subsequently dischargi....

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....its", which had paid a sum equal to the duty leviable on "drawn wire" after availing the credit of duty paid on inputs for the said period. It is aimed at regularizing availment of credits at two stages and payment of an amount representing duty at one stage. The purpose of the amendment is to regularize credit taken at the input stage (on wire-rod), credit taken by the downstream user of "drawn w....