2001 (11) TMI 877

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..... eal filed by the appellant against the decision of the Additional Commissioner of Central Excise, Mumbai-II, made in Order-in-Original dated 22-10-1991. A show cause notice was issued charging the appellant that they had procured electrical resistance wires which is exclusively required and used in the manufacture of electric furnaces. However the appellant had utilised the Modvat credit of the sa .....

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..... n wilful evasion by the assessee. As against this, Shri R.K. Pardeshi, learned DR, strenuously argued that knowing full well that the final product was electric furnaces and the input was resistance wire, the appellant could not have utilised the same for the fan guards. Therefore he states that there is a mis-utilisation of the Modvat credit. The observation of the Additional Commissioner that th .....

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