2002 (1) TMI 1183

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..... [Order per : Jyoti Balasundaram, Member (J)]. Total credit of Rs. 25,12,736/- availed during the period April to July, 1994 by the appellants herein has been denied. While credit taken on the strength of 2 Bs/E has been denied on the ground that these are endorsed and endorsed Bs/E are not valid documents for purpose of taking credit, the credit availed on the strength of 2 Bs/E, dated 2 .....

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..... ed were sent by the importers to the appellants for the purpose of conversion of the same into rolls of small size. Although, the ld. Counsel produced a letter from the appellants stating that they have received the imported inputs directly from the Docks under the instructions of the Customs, this is not sufficient. What is required is the correspondence from the importers in this regard. This is .....

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