2010 (4) TMI 1037

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....undaram : The brief facts of the case are that during the period 14.9.2004 to 30.9.2005, the appellants herein, who are manufacturers of steel forgings, axle shafts and dies, received furnace oil from M/s. Indian Oil Corporation Ltd., Tondiarpet Terminal, under the cover of invoices and took CENVAT credit based on such invoices. The credit availed was found to be in excess inasmuch as M/s. IOC ....