1998 (4) TMI 290 - AT - Central Excise

Summary

The case involved a dispute over whether wire rods obtained without a gate pass were eligible for exemption under Notification No. 202/88. The respondents argued that separate records were maintained for duty paid wire rods under the Modvat Scheme, but the tribunal ruled that separate records for inputs under both schemes were necessary. Failure to maintain separate records led to denial of the exemption benefit, despite arguments against procedural lapses. The appeal of the Revenue was allowed, and the impugned order was set aside.