2007 (12) TMI 349

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..... sides. 2. The appellants filed this appeal against the impugned order whereby the credit was disallowed in respect of iron and steel items which are used in fabrication of storage tank on the ground that the items are classifiable under Heading 72.03, and have nothing to do with the manufacture of final product. 3. The contention of the appellants is that they are engaged in the manufacture o .....

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..... ellants availed credit in respect of iron and steel items. The same are used for fabrication of storage tank. This fact is not in dispute. Even in the reply to the show cause notice the appellants specifically mentioned that the items in question are used for fabrication of storage tank which are further used for manufacture of sugar and molasses. As per the scope of input as defined under Rule 2 .....

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