2004 (3) TMI 261

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....61/2003 (Pondicherry) dated 14-5-2003 by which the learned Commissioner (Appeals) has held that under the first proviso to Rule 57G(2) inserted w.e.f. 29-6-95, the time-limit of six months has been prescribed for availment of credit. 2. Heard Shri Krishnakumar, in-charge of the Stores of the appellant company who has filed a written submission in the Court today. He submits that they have taken....

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....f six months period inasmuch as they have made entries in RG 23A Part I before expiry of 6 months. He, further, submitted that for utilisation of Modvat credit, there is no time-limit and they can utilise as and when they have to clear the goods and such earned credit can be kept in credit for any period and no time-limit is there for utilising it towards payment of duty. In this connection, Shri ....

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....t of Rs. 4,651/- because it was a small amount and they request that they should be allowed to take this credit also in their Cenvat credit account. 3. Heard ld. DR Shri C. Mani who reiterates the stand of the department. 4. I have carefully considered the submissions made by both the sides and find that in view of the submissions made by the representative of the appellant-company that they....