2016 (11) TMI 47

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....pondent ORDER Per M. V. Ravindran This appeal filed by Revenue is directed against order-in-appeal No. PI/320/05 dated 31.08.2005. 2. Heard both sides and perused the records. 3. On perusal of the records it transpires that the issue is regarding the denial of CENVAT Credit on the inputs which were utilised for manufacturing of finished goods which were cleared on payment of duty as....

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....enue directing the respondent assessee to reverse the Modvat credit so availed which has been not accepted by the first appellate authority in the impugned order. 4. On perusal of the grounds of appeal and the submissions made by learned D.R., I find that the Revenue is only aggrieved on the ground that the final product being exempted, respondent assessee cannot be availed CENVAT credit/Modvat....

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.... 5,43,825.4 7 and permitted the appellant to make the cash deposit in such amount as per the invoices on the basis of which the demand was raised in the Show Cause Notice dated 19.7.90 within a period of 6 months from the date of order and also directed the Department to issue certificate under Rule 57E of the Central Excise Rules, 1944 for the amount of cash deposit vide order dated 27.4.93. Ther....

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....duty paid on inputs used in the manufacture of castings once the duty paid documents are produced but for filing a declaration, they are otherwise held to be entitled to modvat credit as clarified by the Ministry in its letter F.No. 26776192-C.Ex.3 dated 30.1.92 and by the Hon'ble CEGAT in the case of Kesoram Cement Vis Collector, 1989(48) ELT 413" . As such, I find that the issue of ....