TMI Blog2004 (2) TMI 556X X X X Extracts X X X X X X X X Extracts X X X X ..... r : V.K. Agrawal, Member (T)]. M/s. Recron Synthetics Limited have filed this Appeal against order-in-Appeal 410/2002, dated 27-8-2003. 2. Shri B.L. Narsimhan, learned Advocate, submitted that the Appellants manufactured polyester partially oriented yarn, polyester textured yarn and polyester dyed yarn; that Polyester dyed yarn was exempted from payment of duty under Notification No. 8/96- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nalty to Rs. 20,000/-; that the Commissioner (Appeals) also did not accept their contention that they were eligible to avail Modvat credit of duty paid on Polyester textured yarn, dyes and chemicals used in the manufacture of Polyester dyed yarn which was cleared without payment of duty; that there is no dispute that they had paid duty on the textured yarn which in turn was used in the manufacture ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -C.E. 4. We have considered the submissions of both the sides. The facts which have not been disputed by the Revenue are that before 1-3-97 dyed yarn was exempted subject to the condition that it should have been manufactured out of textured yarn on which appropriate duty of excise has already been paid. It has also not been disputed by the Revenue that when the Notification No. 8/96 was withdra ..... X X X X Extracts X X X X X X X X Extracts X X X X
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