2007 (11) TMI 165

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..... ut stage (on wire rod) - wire drawing units, which had paid a sum equal to duty leviable on drawn wire, would be eligible to avail the credit of duty paid on inputs and utilize the same for payment of duty on drawn wire – hence credit allowed - E/134/2006-SM(BR) - 1860/2007-SM(BR)/(PB), - Dated:- 14-11-2007 - Shri P.K. Das, Member (J) [Order] -1 . In this case the adjudicating authority ha .....

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..... said period. It is aimed at regularizing availment of credits at two stages and payment of an amount representing duty at one stage. The purpose of the amendment is to regularize credit taken at the input stage (on wire rod), credit taken by the downstream user of "drawn wire", and the amount paid as central excise duty on clearance of drawn wire. In other words, wire drawing units, which had paid .....

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