2014 (8) TMI 571

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e Respondent : Shri Yashpal Sharma, Authorized Representative (DR) PER : Archana Wadhwa M/s V.E. Commercial Vehicles Ltd. is the manufacturers of vehicles and were purchasing the various forgings from the market and were availing the benefit of Cenvat credit of duty paid therein. The said forgings were being sent by them to their job workers M/s Eicher Engineering Components Ltd., in terms of th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....date as the issue is covered. 4. We find that admittedly M/s Eicher Engineering Components Ltd. had "paid" the duty and M/s V.E. Commercial Vehicles Ltd. has availed the duty paid by M/s Eicher Engineering Components Ltd. It is well settled law that the credit of duty "paid and not payable" is available. The entire situation is revenue neutral. Tribunal in the case of Bharat Heavy Electricals Ltd....