2007 (1) TMI 412

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... for the Appellant. Shri R.G. Sheth, Advocate, for the Respondent. [Order]. - This is revenue's appeal. The facts of the case are that the respondents were sending their inputs Crotonaldehyde, a denaturant, to be used for manufacture of special denatured spirit. It is the revenue's contention that this input was sent to the job worker without reversing credit taken on the inputs and that the a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tled to the credit of the same and therefore entire exercise would become revenue neutral. 3. I have considered the submissions. I find that it is not denied that the entire exercise is revenue neutral as once the respondents are required to reverse the credit, the job worker would be entitled to take the credit of the same and would have utilized the same for payment of duty in respect of specia .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X