2010 (3) TMI 479

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..... of the decision of ECOF Industries (P.) Ltd. v. CCE 2010 -TMI - 75868 - CESTAT, BANGALORE, assessee was entitled to credit. - E/49 OF 2010 - 270 OF 2010 - Dated:- 4-3-2010 - DR. CHITTARANJAN SATAPATHY, TECHNICAL MEMBER Gopal Krishna Mundhra for the Appellant. Smt. Indira Sisupal for the Respondent. ORDER 1. Heard both sides. Shri Gopal Krishna Mundhra, Manager (Excise) o .....

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..... case of ECOF Industries (P.) Ltd. (supra) and the appeal was allowed in that case on the following grounds :— "The combined reading of the rule 7 and the clarificatory circular dated 23-8-2007 hereby shows that there are only two restrictions regarding the distribution of the credit. The first restriction is that the credit should not exceed the amount of Service Tax paid. The second restrictio .....

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