2001 (4) TMI 720

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he Respondent. [Order]. The revenue filed this appeal against the Order-in-Appeal passed by the Commissioner (Appeals), whereby the benefit of Modvat credit on the parts of plant was allowed as capital goods. 2. Respondents also filed Cross Objection, in which they challenged the finding of the Commissioner (Appeals), whereby the benefit of Modvat credit on the item Molecular Sieve, wh .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... plant are also entitled for the benefit of Modvat credit as capital goods, therefore, I find no infirmity in the impugned order in respect of benefit of Modvat credit on steel pipes as capital goods. 5. In the Cross Objection, the respondents claimed the benefit of Modvat credit on chemical i.e. Molecular Sieve, which is used to absorb moisture from nitrogen gas. The Commissioner (Appeals), in .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X