9911796707
TMI Blog2008 (5) TMI 49X X X X Extracts X X X X X X X X Extracts X X X X ..... by the appellants on the strength of the relevant invoice covering purchase of inputs can not be subsequently reduced on the ground that the input-supplier had subsequently reduced the price of the goods - E/78/2008 - . 465/2008 - Dated:- 9-5-2008 - S/Shri P.G. Chacko, Member (J) and P. Karthikeyan, Member (T) Shri S. Kandasamy, Consultant, for the Appellant. Dr. Nitish Birdi, SDR, fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to the buyer (manufacturer of final products). According to the appellants represented by the learned consultant, it is settled law that a manufacturer of final products is entitled to Modvat/Cenvat credit of the duty paid on inputs by the manufacturer/dealer of inputs as evidenced by the relevant statutory invoices. In support of this plea, the learned consultant has relied on the following decis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Thane-II [2007 (212) E.L.T. 369 (Tri.- Mumbai) = 2007 (6) S.TR. 275 (T)]. 3. We have heard the learned SDR also, who reiterates the findings of the Commissioner and also refers to a circular of the Board pertaining to valuation of excisable goods under the amended provisions of law. He also refers to a judgement of the Hon'ble Supreme Court in the case of Maruti Udyog Ltd. [2002 (141) E.L.T. 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
