2007 (11) TMI 165

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.... has disallowed the credit on wire rods, which cannot be treated as input under the Cenvat Credit Rules as it was used for drawing of wire which is not a process of manufacture under the Central Excise Act. 2. The Commissioner (Appeals) set-aside the adjudication order. Revenue filed this appeal against the order of the Commissioner (Appeals). The learned Advocate on behalf of the respondent su....

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....aid a sum equal to duty leviable on drawn wire, would be eligible to avail the credit of duty paid on inputs and utilize the same for payment of duty on drawn wire for the period of amendment. The sum paid by the wire drawing unit in such cases will be treated as duty and shall be allowed as credit to the buyer of drawn wire, in terms of the amendment. This amendment would not create any additiona....