2006 (6) TMI 46

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....the order-in-appeal passed by the Commissioner (Appeals). In the impugned order, the Commissioner (Appeals) after relying upon the Board's Circular dated 16.10.2001 [reported in 2001 (46) RLT-M139] and in view of the Tribunal's decision in the case of M/s SAIL Bokaro Steel Plant Vs. Commissioner - 2002 (50) RLT 80 (CEGAT-Kol.)=2002 (142) ELT 574 has held that recovery of an amount equal to 8% of p....

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....missioner. (Appeals) in the impugned order held as under: "However, as regards plea taken by the appellant that as per CBEC Circular No. 591/28/2001-Central Excise dated 16.10.2001 the appellant would be required to reverse the Modvat credit only to the extent of duty involved on the inputs used in the manufacture of machines cleared free of duty. It is observed that the CBEC has clarified that wh....