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2016 (12) TMI 976

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..... ion No. 44/2001-CE(NT) dt 26.6.2001. We also note that overall there is no loss to the Revenue as the credit is being taken of the duty paid - appellant is entitled to avail cenvat credit of central excise duties paid on the inputs - appeal dismissed - decided against Revenue. - Excise Appeal No.E/53546/2015-EX[SM] - FINAL ORDER No.55270/2016 - Dated:- 14-7-2016 - MR. S.K. MOHANTY, MEMBER (JUDI .....

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..... on No.44/2001. As per the provisions of the Foreign Trade Policy, during the disputed period the appellant had obtained invalidation letter from DGFT for procurement of raw-material from different indigenous manufacturers. However, instead of procuring the raw-material duty free from the indigenous suppliers, the appellant had procured raw-material on payment of duty and availed cenvat credit of s .....

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..... case of M/s. Oleofine Organics (India) Pvt. Ltd. (supra) and the judgment of Hon'ble Bombay High Court in the said case have not been accepted by the Revenue and SLP against the said judgment has been filed before the Hon'ble Supreme Court. 5. I find that in so far as the issue in hand as to whether cenvat credit of central excise duty paid by the supplier of goods is eligible to th .....

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