2008 (1) TMI 294

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....Patil with Shri M.H. Patil for Respondent. [Order]. - P.C. : The Revenue has preferred this appeal on the questions formulated as under : (a) Whether CESTAT, Mumbai, was correct in adopting the Notification No. 13/2003-C.E. (N.T.), dated 01.03.2003 for the goods cleared before the issuance of the Notification. (b) Whether the Notification No. 13/2003-C.E. (N.T.), dt.01.03.2003 can be applied re....

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....ule 4(3) of CENVAT Credit Rules, an amount equivalent to credit taken, i.e. the amount of Rs.51,101/- was required to be reversed. Considering the rule as it then stood, the Commissioner recorded a finding that the respondents would be entitled to the credit of the duty paid on Rs.86,500/- i.e. Rs.13,480/- and dismissed the appeal. 3. In the appeal preferred by the respondents herein, the learned....