2006 (4) TMI 158

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....d in the manufacture of excisable goods i.e. Iron & steel scrap and other ferrous and nonferrous 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 o....

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....pon, the assessee preferred an appeal before CESTAT, WZB, Mumbai. The appeal was dismissed by order dated October 31, 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 January 4, 2005. Aggrieve....