2007 (7) TMI 546

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..... pugned order - appeal allowed. - E/EDM-18/2005 - A/1360/KOL/2007 - Dated:- 19-7-2007 - Dr. Chittaranjan Satapathy, Shri D.N. Panda, JJ. REPRESENTED BY : Shri S.P. Majumdar, Advocate, for the Appellant. Shri Sumit Kumar, JDR, for the Respondent. [Order per : Chittaranjan Satapathy, Member (T)]. Heard both sides. The appellants were directed to make consignmentwise payment by de .....

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..... In view of the said decision, the ld. Advocate argues that the impugned order has no basis and the same should be set aside. 3. We find merit in the submissions made by the ld. Advocate for the appellants. Following the ratio of the decision of the Hon ble High Court of Bombay in the case of Lloyds Steel Industries Ltd. (cited supra), we hold that the payment by Cenvat credit is as good as payme .....

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