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TMI Blog2015 (10) TMI 881X X X X Extracts X X X X X X X X Extracts X X X X ..... id billets by determining the value as per CAS-4. - convergent agent was eligible to take credit of the duty paid by the Applicants and therefore, this exercise is revenue neutral. It is also noticed that for the subsequent period, the Department is assessing the impugned goods under provisional assessment on the value declared by the Applicants. In view of facts and circumstances of the case stat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tted that by the impugned order, the ld.Commissioner confirmed the duty against two show-cause notices dated 03.07.2012 07.08.2012, issued to the Applicants demanding duty for the period from June, 2007 to March, 2012. He submits that M/s Tata Steel are manufacturer of Billets which they transferred to their Depot at Indore on payment of duty. The said goods were transferred from their Depot to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Department is assessing the impugned goods under provisional assessment at the value declared by the Applicants. 3. Per contra, the ld.A.R. for the Revenue, reiterated the findings of the ld.Commissoner. 4. Heard both sides and perused the record. We find that undisputedly, the billets were not sold by the Applicants but transferred from their depot to their convergent agent, who used them ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ligible to take credit of the duty paid by the Applicants and therefore, this exercise is revenue neutral. It is also noticed that for the subsequent period, the Department is assessing the impugned goods under provisional assessment on the value declared by the Applicants. In view of facts and circumstances of the case stated as above, we are of the opinion that the Applicant has been made out a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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