2007 (12) TMI 114

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... supplier – packing material supplier supplies packing material to appellant on payment of duty – in this case clearance of holograms (inputs) will be treated as clearance of input as such, therefore credit is deniable – penalty is justified - E/640/2006-Ex. (SM) - 1799/2007-SM(BR)/(PB), - Dated:- 4-12-2007 - Shri S.S. KANG, VICE PRESIDENT [Order].-1. Heard both sides. 2. The appellant .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt in or in relation to the manufacture of ball and rolling bearing, therefore, are not entitled for credit. 5. The contention of the appellant is that after availing the credit in respect of holograms, the same were cleared without reversing the credit to M/s Raheja Packing (P) Ltd., M/s Raheja Packing (P) Ltd. used these holograms in the manufacture of packing material which was cleared on p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... received free of cost on payment of duty. In these circumstances, as the holograms are not used by the appellant in the manufacture of their final product and the same were cleared to other manufacturer without reversing the credit and, therefore, as the inputs as claimed by the appellant, are cleared as such to other manufacturer, therefore, I find no infirmity in the impugned order whereby cred .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X