2018 (7) TMI 238

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....r the Respondent (s) ORDER Per Shri P.K. Choudhary 1. When the matter was called for hearing none appeared on behalf of the appellant. A letter dated 22.03.2018 has been filed with the Registry on 21.03.2018 by the liquidator of the company mentioning that the company is under the Liquidation Process and requested that the appeal may be decided on the basis of the papers already submitted....

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....e required. Therefore, the Range Superintendent of Central Excise Range-III, Kalyani advised the appellant to maintain separate registers. The appellant vide letter dated 29.04.1999 informed the department that they had credited back the amount of Rs. 7,59,720/- and had segregated the two inputs and had debited Rs. 91,878/- which was the actual amount of MODVAT availed on the inputs used in the....

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.... appeal. For better appreciation of facts, the relevant amendment of Central Excise Rules, 1944 by insertion of new rule 57CCC (2) is reproduced below: "69(2). Where a person opts to pay the amount in accordance with the provisions of the Central Excise Rules, 1944 as amended by sub-section (1), he shall pay the amount along with interest specified thereunder and make an application to the C....

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....f Actual Credit.- Where a dispute relating to adjustment of credit on inputs used in or in relation to exempted final products relating to the period beginning on the 1st day of March, 1997 and ending with the 31st day of March, 2000 (both days inclusive) is pending on the date on which the Finance Bill, 2010 receives the assent of the President, then, notwithstanding anything contained in sub-rul....