2001 (7) TMI 1050

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... espondent. [Order]. A total of Modvat credit of Rs. 13,026.00 (Rupees thirteen thousand twenty-six) has been disallowed to the appellants and a penalty of Rs. 5,000.00 (Rupees five thousand) has been imposed upon them. 2. After hearing Shri B.N. Kedia, General Manager (Law) of the appellant company and Shri A.K. Chattopadhyay, learned JDR for the Revenue, I find that the Modvat credit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e, both the Headings have been mentioned by the supplier. In any case, the discrepancy is too minor a discrepancy so as to disallow the Credit on this count; (iii) In respect of Fuse Base, Credit has been disallowed on the ground that the supplier has not mentioned the sub-heading number. The appellants contention is that they had duly declared the Fuse Base in their declaration and the non- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ., to allow the Modvat credit accordingly. 3. Similarly, I find that credit in respect of Flexible Pipe has been disallowed on the ground that the Invoice was not pre-authenticated by the dealer. The appellants claim that this was subsequently got authenticated. If that be so, the credit is to be allowed. For the said purpose, I remit the matter back to the original adjudicating authority for l .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X