2012 (11) TMI 26

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cise Rules, 2002, does not create any embargo to avail Cenvat credit in respect of finished goods consigned from a different unit to Bolpur Unit by fiction of law treating such finished goods as input. The finished goods were treated under law as input which need not undergo processing since accountability was only safe-guard measure provided to grant Cenvat credit. To such extent, applicant is co .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... set of invoices were maintained under bona fide belief that they may loose Cenvat credit benefit. 2. Shri B.N. Chattopadhyay, ld. Consultant for the applicant further submits that Rule 16(1) of the Central Excise Rules, 2002, does not require the finished goods received from different unit by Bolpur Unit of the appellant to be subject to the processing in order to get Cenvat credit. Therefore, R .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt explains that according to the direction of the Bench in terms of Order dated 25-3-2011, a report came to the Tribunal. Para 3 of the said report clearly states the method followed by the applicant prior to grant of permission in dealing with the finished goods received from Cuttack unit by Bolpur Unit of the appellant. There was only no system of issue of invoice from a different invoice book. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X