2004 (2) TMI 549

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..... undaram, Member (J)]. The respondents herein are manufacturers of textile machines and parts thereof falling under Chapter Heading 84 of the Schedule to the Central Excise Tariff Act, 1985 and are availing Modvat facility under Rule 57A of the Central Excise Rules, 1944. They started availing Modvat facility from 9-3-93 and took Modvat credit for their inputs namely Electric Motor received v .....

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..... ppeal. 2. We have heard ld. SDR and perused the records. None appears for the respondents in spite of notice issued. The contention of the Revenue is that it is not relevant whether the inputs used in the manufacture of the finished products cannot be verified, but what is relevant is that once Modvat scheme opted for, duty is required to be paid particularly in the absence of any one to one co- .....

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