TMI Blog2010 (4) TMI 1037X X X X Extracts X X X X X X X X Extracts X X X X ..... 30.9.2005, the appellants herein, who are manufacturers of steel forgings, axle shafts and dies, received furnace oil from M/s. Indian Oil Corporation Ltd., Tondiarpet Terminal, under the cover of invoices and took CENVAT credit based on such invoices. The credit availed was found to be in excess inasmuch as M/s. IOC had passed on excess credit by not adopting duty paid by CPCL (from whom M/s. IO ..... X X X X Extracts X X X X X X X X Extracts X X X X
|