2013 (4) TMI 28

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....e Respondent. ORDER Heard both side on the stay petition. 2. The appellant has received inputs from two 100% EOU's and taken credit of duty paid on such inputs by the 100% EOU. The credit has been taken in terms of Rule 3(7)(a) of the CENVAT Credit Rules. The dispute relates to the method of calculating available credit using the formula prescribed under the said rule. In respect of supplies re....

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....es on the decision of the Tribunal in the case of Shri Venkateswara Precision Components reported as 2010-TIOL-1544-CESTAT-Madras = 2010 (258) E.L.T. 553 (Tri. - Mad.). 3. We find that the term "CVD" has not been specifically defined in the CENVAT Credit Rules and Board's Circular No. 818/15/2005-CX., dated 15-7-2005 also refers to 4% levied in terms of Section 3(5) of the Customs Tariff Act as C....