Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2017 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (2) TMI 371 - AT - Central ExciseCENVAT credit - Bars and Rods of non alloy steel - denial on the ground that the goods manufactured by the Respondent being notified goods in terms of Section 3A of Central Excise Act, 1944, the respondent should pay duty under Section 3A of Central Excise Act,1944 and not entitle for modvat credit - Held that: - the respondent’s payment of duty under section 3 is in order and provision of Section 3A is not applicable - reliance placed in the case of SHREE VENKATESH STEEL LTD. Versus COMMISSIONER OF CENTRAL EXCISE, RAIGAD [2005 (12) TMI 404 - CESTAT, MUMBAI] where it was held that since the respondent is producing predominantly non notified goods, they are entitled to discharge duty liability for the entire quantity of goods under the normal procedure under Section 3 of the Central Excise Act, 1944 and they are also eligible to take Modvat credit on the inputs used. The respondent is entitled for Modvat credit as well as job work N/N. 214/86-C.E. - appeal dismissed - decided against Revenue.
|