2007 (8) TMI 112

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.... by the Commissioner (Appeals) setting aside the order of the Assistant Commissioner by which Cenvat credit of Rs. 45,000/-, utilized by the respondent, was set aside and penalty of Rs. 5,000/- imposed. 2. The respondent was engaged in the manufacture of Plastic Laminated & Unlaminated Film and was availing Modvat credit facility on inputs under Rule 57A of the Central Excise Rules, 1944. The r....

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.... provisions of Rule 57G(5) of the Central Excise Rules, 1944. 4. The learned authorised representative for the Department contended that, the Commissioner (Appeals) had committed an error in up-setting the order of the Assistant Commissioner, which was based on the correct reading of the provisions of Rule 57G(5) of the Rules. It was pointed out that the proviso to sub- rule (5) of Rule 57G pro....

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.... Tribunal in the case of CCE v. Ennore Foundries, reported in 2001 (42) RLT 682 (T); Maharashtra Krishna Valley Development corporation v CCE, Pune II reported in 2003 (159) E.L.T. 276 (T) 2003 (57) RLT 70 and SRF Ltd. v. CCE, Chennai, reported in 2003 (56) RLT 672, given a finding that, since the credit on inputs was taken within the time, time taken in rectifying the defect, cannot be computed f....