2001 (3) TMI 320

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..... t. [Order per : J.H. Joglekar, Member (T)]. This appeal from the revenue was argued by Shri B.K. Choubey. Shri Rohan Shah appeared for the respondents. 2. The assessees took Modvat credit for input such as Kraft Paper Duplex Board, Gum, Stitching Wire, Printing Ink etc. Their final product was vacuum flasks and other insulated wares. The revenue held that Rule 57A allowed credit to be .....

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..... 0 have also been cited to agitate against the ratio of the High Court judgment. In the cited case of Ashwin Vanaspati Inds. (Pvt.) Ltd. v. Collector of Central Excise Customs, Vadodara. [1994 (70) E.L.T. 754 (Tribunal)], the Tribunal have referred to these very instructions of the Board and have held that the interpretation made by the Board being contrary to the law, the clarification was not b .....

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