1992 (11) TMI 213

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..... application is in respect of reversal of Modvat Credit on the input `Oxygen gas used in the electric furnace for the manufacture of steel castings. 2. Though this day only stay application was listed for hearing, since the prima facie grounds canvassed both on merits as well as on the ground of time bar are the same as those canvassed in the appeal, after hearing both the sides and with their c .....

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..... on merits. Moreover, they have given this input in their declaration and the demand has been issued on 2-1-1990 for the period March, 1987 to March, 1988 and hence the demand is even otherwise time barred. 5. Shri Harnek Singh, the Ld. JDR, however, supported the order and contended that Oxygen gas is given Modvat Credit only in respect of its use for cutting the risers and runners. In this case .....

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