2015 (3) TMI 383

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..... terms of Rule 57C. It is seen that they have also deposited an amount of ₹ 35,000/- towards such reversal. Keeping in view the Tribunal's decision and the appellants offer to reverse the credit, we set aside the impugned order and remand the matter to the original adjudicating authority for quantification of the actual modvat credit availed by the appellants on the inputs used in the ma .....

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..... f the appellants' Company appearing in person, draws our attention to the Tribunal's Order in the case of M/s. Pushpaman Forgings Vs. CCEx., Mumbai reported in 2002 (41) RLT 107 (CEGAT) wherein it was observed that in the absence of any machinery provisions in the Act or the Rules for the recovery of amount of 8% of the price under Rule 57CC, the amount cannot be claimed from the assessee. .....

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