2014 (1) TMI 377

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..... peals) Revenue has filed the present appeal. We have heard learned DR and have gone through the impugned order. 2. The respondents procured inputs and availed the credit on the same. Subsequently, they cleared the said inputs 'as such' to their depots at a transaction value and reversed the entire credit availed by them. Inasmuch as the goods were subsequently sold from the depots at a higher val .....

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..... of the inputs on which the same were received. Accordingly, the entire modvat credit availed by them was reversed. We find that the issue is covered by the Larger Bench decision of the Tribunal in the case of Eicher Tractors vs. CCE, Jaipur [2005 (189) ELT 131 (Tri-LB)], we find no reason to interfere in the order of the Commissioner (Appeals). 5. Revenue's appeal is accordingly rejected. (Pron .....

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