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TMI Blog1998 (1) TMI 154X X X X Extracts X X X X X X X X Extracts X X X X ..... rma, Member (T)]. These seven appeals are preferred by the department. As the issue involved in all the appeals is the same and therefore, they were heard together and are being disposed of by this common order. 2. Ld. Commissioner (Appeals) had held that benefit of deemed Modvat credit can be availed by an SSI unit even after crossing the aggregate value of clearances of Rs. 75 lakhs. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... go ahead with the hearing and decide the matter. 4. Shri P.K. Jain, ld. SDR reiterates the findings of the Dy. Collector and submits that the benefit of deemed Modvat credit cannot be availed once an SSI unit crosses the limit of Rs. 75 lacs being the amount of aggregate value of clearances. 5. We have heard the submissions made by ld. SDR and have perused the evidence on record as well as th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rs and are availing the benefit of Notification No. 1/93, the only criterion for availing the deemed Modvat credit was that the unit must be having the status as an SSI Unit. In the instant case, the SSI unit character of the unit is not in dispute. The unit was undoubtedly availing the benefit of an exempted unit under Notification No. 1/93. Therefore, the status of the unit even after crossing t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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