2007 (2) TMI 641

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....Heard both sides. The Revenue filed this appeal against the impugned order whereby credit of Rs. 2,17,821/- was allowed. 2. The brief facts of the case are that the respondents are engaged in the manufacture of CR strips and were working under the Modvat Scheme. The appellants were availed credit on the strength of inputs received from M/ s. Majestic Industries Ltd. from the depot and availed t....

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....e raw material for the manufacture of final product, RT-12 returns filed by the respondent containing all the information was submitted to the Revenue and were assessed and no objection was raised at that time. The contention of the Revenue is that the vehicle numbers mentioned in the invoices are not of trucks and the owner of the vehicles are not traceable. The contention is also that the propri....

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....f dealer. 6. In this case, the Revenue denied the credit on the ground that the respondent had not received the inputs, however, credit was availed on the strength of duty paying documents. The statement of dealer is very clear on this issue which says that they were making transit sales in respect of goods received from their factory. It is also the objection of the Revenue that the transporte....