1993 (7) TMI 189

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..... an appeal from the Revenue against the Order-in-Appeal No. 947/92 (496-AHD) CE/Collr (A)/Ahd dated 9-12-1992 [File No. V-2 (29) 76/Ahd/92] passed by the Collector of Central Excise and Customs (Appeals), Ahmedabad. 2. Though notice of hearing has been served on the Respondents, none has chosen to be present. Hence after hearing Shri Ravinder Jain, the Ld. JDR for the Collector-appellant, I propo .....

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..... ule 57H. The transitional credit in respect of the inputs contained in the processed semi-finished goods are also admissible. However, the Department has filed the appeal on the ground that the benefit of transitional credit is available only in respect of the inputs as such lying in stock. Shri Jain, the Ld. JDR, contended that the Assistant Collector has only gone by Rule and held that as per ru .....

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..... nt Collector is satisfied about the duty-paid nature of the inputs lying in stock in any form, whether it is as such or in semi-processed condition or in the form of final product. The object of giving a transitional credit is to allow the benefit of duty paid on inputs received prior to filing declaration. Rule 57H cannot be read in a disjointed manner, giving the benefit only to inputs lying as .....

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