2002 (2) TMI 1141

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..... involved in this appeal, filed by M/s. Peacock Pigments Pvt. Ltd. is whether they are eligible to get Modvat credit of the duty paid on inputs used in or in relation to the manufacture of final products which are exported out of country. 2. The Appellants have requested to decide the appeal on the basis of grounds of appeal and written submissions filed by them. I, therefore, perused the re .....

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..... them on the ground that they neither submitted declaration under Rule 57G nor had maintained separate account of inputs used in the manufacture of export goods; that the Commissioner (Appeals) also under the impugned order rejected their appeal observing that the Appellants had not complied with the provisions of Rule 57F(4) and Trade Notice No. 251/88, dated 16-12-88. The Appellants, further, su .....

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..... be allowed to be utilized towards payment of duty of excise on similar final product cleared for home consumption or for export on payment of duty and where for any reason such adjustment is not possible, by refund to the manufacturer, subject to such safeguard and limitation as may be specified by the Central Government. It is not in dispute that the Appellants had opted out of the Modvat Credit .....

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