1997 (1) TMI 232

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..... (J)]. This is an appeal filed by the appellants against the decision No. 13/demand/96/353, dated 13-3-1996 passed by the Commissioner of Central Excise and Customs, Vadodara disallowing Modvat credit of Rs. 1,20,97,078/- (Rupees One crore twenty lakhs ninety seven thousand seventy eight) and levied a penalty of Rs. 1,00,000/- under Rule 173Q(1) of the Central Excise Rules 1944. 2. The ap .....

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..... nvoices were then endorsed by Berger Paints in favour of the appellant with the object of enabling them to avail Modvat thereon. 3. On these transactions SCNs were issued on 5-5-1995 and 29-9-1995 by the lower authorities asking the appellants as to why the Modvat credit so availed them on the strength of such invoices mentioned earlier should not be disallowed. The appellants by its letters dat .....

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