1997 (4) TMI 162

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..... er per : V.P. Gulati, Vice President]. This reference application arises out of the order of the Tribunal bearing No. 801/96. The following point of law has been urged for reference : Whether the Hon ble CEGAT is correct in extending the deemed credit benefit to an unit availing of the exemption in terms of Notification No. 1/93-C.E., dated 28-2-1993 even after crossing the value of clear .....

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..... hey are not in a position to buy the goods in bulk from the original manufacturers who generally choose to sell goods through reputed dealers who purchase the requirements in bulk. 4. We have considered the pleas made by both the sides. We observe that the Tribunal has given detailed reasonings in the order for holding that the deemed Modvat facility would be available in respect of the SSI unit .....

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