TMI Blog2008 (6) TMI 442X X X X Extracts X X X X X X X X Extracts X X X X ..... pondent. [Order per : M. Veeraiyan, Member (T)]. Heard extensively both sides on the stay petition. 2. The relevant facts, in brief, are as follows : (a) One of the transformers manufactured by the applicant was cleared for export under bond for certain testing purposes to Holland. (b) The transformer failed in the test and certain parts got damaged; the damaged transformer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ,942/-. (f) The original authority confirmed demand in respect of four transformers which was restricted to only one transformer by Commissioner (Appeals). 3. Learned DR submits that the entry of re-imported goods which were originally cleared under bond is not covered under Rule 16 of the Central Excise Rules. Even though the CVD paid on any imported input is available as credit, in the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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