2011 (1) TMI 640 - AT - Central Excise

Modvat credit - Availed credit on the basis of fake and fictitious invoices - tribunal in the above referred decision has taken into consideration all the pleas raised by the appellants therein and have expressed his opinion and has remanded the matter to original adjudicating authority to decide the matters afresh, after taking into consideration the instructions issued by the CBE&C and in the light of the observations made in the said order.

Summary

The Appellate Tribunal CESTAT, Ahmedabad allowed the appeal by Shri P.H. Topiwala regarding denial of modvat credit based on fake invoices. The Tribunal remanded the matter to the original adjudicating authority for a fresh decision in light of an earlier remand order. The impugned order was set aside.