2005 (8) TMI 462

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er per : C.N.B. Nair, Member (T)]. There is a demand of duty of Rs. 1.2 crores with equal amount of penalty under the impugned order. The stay application seeks waiver for the requirement of pre-deposit of these amounts. 2.The demand has arisen on account of denial of Modvat credit on inputs. The grounds for the denial are that, the description of the inputs as given in the invoices did no .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of transport in the invoice is no ground for denial of Modvat credit. 4.The objections raised in the present case seems to be merely technical. The appellant is a major manufacturer of motor vehicles. There is no dispute about the items being inputs or their being received in the appellant s factory under duty paid invoices or use in manufacture. It is well-settled that credit is not to be deni .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X