2011 (11) TMI 541

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.... passed by Commissioner (Appeals), Revenue has filed the present appeal. I have heard Smt. R. Jagdev, learned SDR, appearing for the Revenue. Nobody appeared for respondents. 2. After hearing the learned SDR and on perusal of the records, it is seen that the original authority sanctioned the refund claim of Rs. 27,951/-. Revenue filed appeal before the Commissioner (Appeals) which was rejected. H....

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....ng one-to-one correlation between inputs and final products. The Hon'ble Apex Court, in Dai Ichi Karkaria case [1999 (112) E.L.T. 353 (S.C.)], observed that it is not essential for the assessee to establish exact mathematical equation between inputs utilized and the finished goods manufactured. Similarly, the Hon'ble Apex Court has ruled in SAIL v. CCE [1996 (88) E.L.T. 314 (S.C.)] that all inputs....