2007 (11) TMI 525

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....M.M. Mathkar, JDR, for the Respondent. [Order]. -  On matter being called neither anybody appeared nor there is any adjournment request in spite of notice of hearing having been sent well in advance. Accordingly, I have heard the learned DR and have gone through the impugned order. 2. The short issue involved in the present appeal is as to whether the appellant is entitled to av....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....cument to avail cenvat credit under sub-rule (1) of Rule 7 of Cenvat Credit Rules. Hence, credit availed by the appellants on their own credit note issued to the buyers is irregular and the same is required to be recovered along with interest. Further since the credit note is a document by which the appellants have returned some amount of value or have given the credit of the amount to the buyers,....