2006 (4) TMI 117

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.... the manufacture of excisable goods, i.e., iron and steel scrap and other ferrous and non-ferrous materials obtained by breaking of old ships. The respondent was availing Cenvat credit under rule 57AB of the erstwhile Central Excise Rules, 1944 (now rule 3 of Cenvat Credit Rules, 2002). The respondent is importing old ships for breaking and is availing of the credit of additional custom duty paid ....

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....ereupon, the assessee preferred an appeal before CESTAT, WZB, Mumbai. The appeal was dismissed by order dated 31-10-2003. Thereafter, the assessee filed an application for rectification of mistake, and pointed out that points regarding non-chargeability of interest on unutilized Cenvat credit were not considered. The CESTAT, Mumbai allowed the application by order dated 4-1-2005. Aggrieved by the ....