2000 (10) TMI 512

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cern and Smt. Neera Gupta, is the Proprietress. They are engaged in manufacturing parts, for the Rail Coach Factory at Kapurthala. They manufacture parts and accessories, of Rail Coaches, falling under sub-heading No. 8607.00 of the Central Excise Tariff Act, 1985. 2. They used Hot Rolled and Cold Rolled flat products (HR/CR sheets), specified by the Rail Coach Factory, Kapurthala. The Applicant .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... , without any documents and without reversal of Modvat credit. (d) That the Applicants, have purchased CR/HR sheets, without any documents, for Manufacture of OE Parts, as per the specifications, of the manufacturers. (e) That the Applicants, have adopted this practice to avail higher Modvat credit, on higher priced GP/GC sheets, when actual material used, was lower priced CR/HR sheets .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er duty. 7. It was explained to the Revenue that the question of arriving at the correct quantum of duty would be decided at the time of final hearing and not at the time for hearing for admission. What is required to be considered is whether the applicant has satisfied the parameters for coming before the Commission. The Revenue accepted that the applicant have satisfied these parameters. The a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X