2005 (9) TMI 445 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai rejected the claim of Multi Locational Composite Mill for benefit under Notification No. 6/2002-C.E. The Tribunal held that the assessees are eligible for actual Cenvat credit as duty was paid on yarn in grey fabrics. An error in referencing Rule 2(1)B of the Cenvat Credit Rules was rectified. The plea for consequential relief was dismissed. The ROM was partly allowed. The Revenue's Cross Objection was dismissed as not maintainable under Sec. 35B(4) of the Central Excise Act, 1944.