1997 (5) TMI 156

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mount involved is Rs. 17,082/- and penalty of Rs. 1,700/-. The issue is admissibility of Modvat credit on chemicals used in cooling water for the manufacture of Noylon. 2. Heard both sides. ld. Counsel submits that issue is a recurring nature. Upon hearing both sides I order appeal be admitted to regular hearing in due course. 3. Taking up the stay application the ld. Counsel submits that issu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X