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2000 (2) TMI 136
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....al has been filed against disallowance of Modvat credit to the tune of Rs. 14,79,862/-. 2. The facts of the case are that the appellants are engaged in the manufacture of motor vehicles. They were availing the benefit of credit of duty paid on inputs under the Modvat scheme. The Department issued a number of show cause notices raising various issues. In all 32 SCNs were issued purporting ....
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....s. 3,75,692/-. He submits that certain motor vehicles were fitted with the Air Conditioners for which Modvat credit to the tune of Rs. 2,38,140/- was claimed by the assessee but was disallowed by the ld. Commissioner. The ld. Chartered Accountant submits that there is factual inaccuracy in disallowance of Modvat credit to the extent of Rs. 8,66,030/- 4. Arguing the case ld. C.A. submits t....
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....5. About Air Conditioners, ld. Chartered Accountant submits that the case is fully covered by the decision in the case of C.C.E v. M/s. Maruti Udyog Ltd. reported in 1999 (107) E.L.T. 118. 6. Ld. Chartered Accountant submits that there is disallowance of Modvat credit to the tune of Rs. 8,66,030/-. He submits that when the appellants disputed certain items as being eligible for Modv....
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.... We have heard rival submissions and on careful consideration of the submissions made, we find that insofar as chemicals used in the paint shop are concerned, they are covered by the decision in the case of C.C.E v. M/s. Mahindra & Mahindra cited above and relied upon by the appellants. So also the labels affixed on motor vehicles, are covered by the decision of the Hon'ble Supreme Court in ....