2017 (4) TMI 882

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....e availed CENVAT credit on two invoices consigned to the appellants but issued in favor of M/s Wanbury Ltd., which is an associate of M/s Bravo Health Care Ltd. M/s Bravo Health Care Ltd., is the loan licensee for manufacture by M/s Wanbury Ltd. The Department entertained the view that since the invoices are issued in the name of M/s Wanbury Ltd., who did not have a loan licencee and the said goods having been consigned in the name of appellant, the credit is not eligible to the appellant. A Show Cause Notice dated 21.06.2012 was issued to the appellants demanding an amount of Rs. 8,77,560/- along with interest and also proposing to impose penalty. After due process of law, the original authority confirmed the demand along with interest and....

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....s. CCE, Aurangabad [2004 (178) ELT 716 (Tri. Mumbai)] v. Crop Health Products Ltd., Vs. CCE, Meerut [1998 (102) ELT 376 (Tribunal)] 4. Against this, the Ld. AR reiterated the findings in the impugned order. He submitted that the M/s Wanbury has not been issued a loan license for manufacture of the final products using the inputs as per the Drugs and Cosmetics Act, 1940. Though it is contended by the appellant that the loan license has been issued in the name of M/s Bravo Health Care Ltd., the invoices are issued in the name of M/s Wanbury Ltd., and consigned to the appellant. That therefore, the credit has been rightly denied. 5. I have heard the submissions made by both sides. As argued by the Consultant on behalf of the appellant, the....