2010 (7) TMI 470

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..... credit - Department's contention is that that existing unit should have registered on or before 16-6-05, when the notification came into effect - Held that: - It does not stand to reason that the existing unit is given only 10 days' time from the date of issue of Notification from 7-6-05 and that they are required to take registration before the date of commencement of the notification which is 16 .....

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..... on No. 27/05 dated 7th June, 2005. The respondent's Head Office in the meanwhile issued invoice on 1-7-05 enabling the respondent's manufacturing unit to take cenvat credit amounting to Rs. 56,201/-. The original authority held that inasmuch as the respondents did not take registration on or before 16-6-05, the respondents were not eligible for the credit and accordingly, he ordered recovery of th .....

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..... of new business, but to the existing parties also, it extends a period of one month from 16-6-05. As the respondents have applied for registration on 13-7-05 which is within 30 days from 16-6-05, they have fulfilled the requirements and they were eligible for the credit and the Commissioner (Appeals) has correctly allowed the appeal. 6. I have carefully considered the submissions from both sides .....

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