2009 (5) TMI 658 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Kolkata found that the utilization of credit by the respondents before 18-8-2000 for duty payments was not violative of any rules. The Tribunal held that the restriction on credit utilization introduced on 18-8-2000 cannot be applied retrospectively. Therefore, the department's appeal was dismissed.