2008 (10) TMI 157

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....Panda, Jt. CDR, for the Respondent. [Order]. - The relevant facts of the case, in brief, are that the appellants availed Modvat credit on the basis of the invoices issued by registered dealer, M/s. Majestic Industries Limited in the months of January, 1998 and February, 1998. It has been alleged that the appellants availed the credit on the basis of invoices without receiving the inputs. The Ad....

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....g with modvatable documents as well as recipient of payment in respect of these transport transactions. The Director of M/s. Majestic Industries Ltd. has confirmed the actual transportation of the goods. There are proper entries of receipts, sale of materials in the records kept at their registered godown and no such short or deficiency has been found in respect of the appellants. It has also been....