2008 (4) TMI 43

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....all bearings under the Advance Licence Scheme vide Bills of Entry dated 8-3-1994 and 18-2-1994 and availed duty free clearances of imported goods under Notification No. 203/92-Cus., dated 19th May 1992 which has been amended from time to time with which we are not concerned in the present case. The assessee exported 'starter for alternator & generator assembly & solonoid switch, dynamo, slip ring ....

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....d in the show cause notices. 5. The assessee challenged the order of the adjudicating authority before the Customs, Excise and Gold (Control) Appellate Tribunal (for short, 'the Tribunal'). It was submitted by the assessee before the Tribunal that it had not availed of Modvat credit regarding imported inputs and that it had availed of the same for the input/raw material purchased from the local....

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.... 6. Learned counsel for the parties have been heard. 7. The stand taken by the assessee is the same which had been taken before the assessing authority as well as before the Tribunal. 8. Learned senior counsel for the Revenue is not in a position to controvert the plea raised by the learned counsel for the assessee. Although even before the Tribunal the Department was not able to verify t....