2000 (12) TMI 401

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..... The Revenue has filed the above application for reference of the following question of law stated to have arisen out of Tribunal s Final order No. A/533/99-NB, dated 29-6-1999 : Whether CEGAT is justified in allowing credit on certificate issued under Rule 57E of the Central Excise Rules, 1944 after six months of the date of issue of the said certificates? 2. The brief facts of the case a .....

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..... 2) of the Central Excise Rules for taking credit from 29-6-1995 does not operate with retrospective effect. The Tribunal followed the Larger Bench decision in the case of TELCO v C.C.E., Bombay [1996 (87) E.L.T. 157] and set aside the impugned order and restored the order passed by the Additional Commissioner. Hence, this reference application. 3. On hearing both the sides and noting that there .....

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