2019 (2) TMI 668

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.... Shri H. Singh, AR for the respondent ORDER Per ASHOK JINDAL: The appellant is in appeal against the impugned order wherein the credit on various issues has been denied to the appellant. 2. The facts of the case are that the appellant is engaged in the manufacture of steel forgings for which they procured raw materials. The quantity of purchases of raw material recorded in RG-23A Part....

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....grounds, a show cause notice was issued to the appellant to deny credit and recovery thereof along with interest and to impose penalty. The matter was adjudicating, the demand on account of denial of credit along with interest was confirmed and penalty was also imposed. Against the said order, the appellant is in appeal before me. 3. Heard the parties and considered the submissions. 4. As th....

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.... made out which is not admissible evidence to deny credit to the appellant. The receipt of input is not disputed. In that circumstance, I hold that the appellant is entitled to avail credit. (b) denial of credit on the basis of figures of RG-23A Part-1 and figures shown in the balance sheet of purchases. 6. On perusal of the records, I find that the appellant has explained the discrepancy of....

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....e. Accordingly, the same is accepted. Therefore, on this ground the credit cannot be denied to the appellant. (c) denial of credit on fabrication of dies which has been ultimately used for manufacture of final products. 8. I find that the appellant has explained the usage of inputs in fabrication of dies which has been ultimately used for fabrication of final products. The case of the Revenu....