2009 (1) TMI 732

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..... han, learned SDR in support of the Revenue s appeal and Shri M.H. Patil, learned Advocate appearing for the respondent, we find that the assessee debited the Modvat credit initially availed by them in respect of the inputs used in the manufacture of export products and covered by the Advance Licence in question in terms of Notification No. 203/92-Cus. Such debit were made in terms of Amnesty Schem .....

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..... the appeal is that inasmuch as the interest was deposited beyond the expiry date of 31-1-97 as declared under amnesty scheme, the benefit of the same cannot be extended to the assessee. For the above preposition, they have relied upon the Hon ble Supreme Court s decision in the case of Bharati Telecom Ltd. v. CC - 2001 (134) E.L.T. 327 (S.C.) = 2001 (47) RLT 257 (S.C.). At this stage, learned Advo .....

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