1999 (7) TMI 176

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..... ondents. [Order per : G.R. Sharma, Member (T)]. In all these six appeals the short point for determination is whether the respondents are entitled to higher rate of credit on scrap generated out of the breaking of ship imported into country. 2. Shri Kulwinder Singh, ld. Counsel appearing for some of the respondents submits that the Tribunal has been consistently holding that higher Mod .....

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..... t the impugned order may be upheld and the appeals may be rejected. 3. Shri Satnam Singh, ld. DR appearing for the appellants submits that Modvat credit of duty was restricted to a particular amount in terms of Notification No. 177/86. 4. We have heard the rival submissions. We find that there are a number of decisions of this Tribunal holding that scrap obtained by breaking of ships imported .....

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