2001 (9) TMI 952

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..... rguing the stay petition it was found that the issue involved in this case is a simple one. Therefore, with the consent of both the parties, it was decided to hear the appeal itself. 2. The appellants are a re-rolling mill. They got the ingots for purpose of re-rolling. Defective ingots were cleared by the suppliers as waste and scrap. The Department was of the view that waste and scrap was not .....

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..... before the Bench of this Tribunal in the case of Munoth Industries v. CCE reported in [1996 (84) E.L.T. 85 (T)] in which this Tribunal held that Modvat credit will be admissible on defective ingots received for re-rolling purposes. He submits that in view of this finding of the Tribunal, the appeal may be allowed. 4. Shri A.S. Bedi, ld. DR submits that the description given by the suppliers in t .....

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