2000 (6) TMI 419

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..... dents. [Order per : G.R. Sharma, Member (T)]. - Revenue has filed this Reference Application stating that the following point of law arises out of Tribunal Final Order No. E/853/97-NB, dated 28-7-1997 :- "whether the facility of deemed Modvat credit under Ministry of Finance Order No. MF (DR)/Order/TS/36/94-TRU, dated 1-3-1994 would be available to the re-rollers even after crossing the moneta .....

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..... is case reported in 2000 (118) E.L.T. 85 (Tribunal - LB) = 2000 (38) RLT 435 (CEGAT-L.B.), held that re-rollers who had clearances in a financial year in excess of Rs. 75 lakhs are not eligible for the benefit of deemed Modvat credit in view of the Ministry of Finance Order No. MF (DR)/Order/TS/36/94-TRU, dated 1-3-1994 read with Notification No. 1/93-C.E., dated 28-2-1993. He submits that since t .....

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