2002 (2) TMI 965

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..... R, for the Respondent. [Order]. - I waive the pre-deposit of duty of Rs. 68,057/- and penalty of equal amount confirmed and imposed upon the assessee herein and proceed to dispose of the appeal itself with the consent of both sides as the issue lies within a very narrow compass and has been settled by several decisions of the Tribunal. 2. Modvat credit in terms of Rule 57Q has been denied .....

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..... tal Representative reiterates the findings of the authorities below. 5. On considering the rival submissions and perusing the records and the case law cited before me, I agree with the appellants that credit is available on the items in dispute as they are inputs within the meaning of Rule 57A of the Central Excise Rules. This plea was also taken before the Commissioner (Appeals) as seen fro .....

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