2008 (5) TMI 121

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..... or in relation to manufacture of finished goods – merely because tribunal’s decision in M/s. Indian Rayon & Industries Ltd.’s has been challenged by the Revenue, credit cannot be denied – revenue’s appeal rejected - E/1079/2007 - A/1124/2008-WZB/AHD - Dated:- 16-5-2008 - Ms. Archana Wadhwa, Member (J) Shri Sameer Chitkara, SDR, for the Appellant. M. A. Patel, Consultant for the Respon .....

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..... I do not find any infirmity in the views taken by the original Adjudicating Authority as also by the Commissioner (Appeals). Merely because M/s. Indian Rayon Industries Ltd.'s decision has been challenged by the Revenue, without obtaining any stay, is no ground for not extending the benefit of the law declared by Tribunal to the respondents. I also note that Board vide its circular No.97/ .....

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