2008 (9) TMI 826

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..... [Order per : Chittaranjan Satapathy, Member (T)]. - Heard both sides. We find that the lower appellate authority has come to the conclusion that the respondents have correctly availed the credit on the parts which were used in the motor vehicles. He observed as follows : 4.11............The adjudicating authority has been unable to appreciate the fact that the inputs i.e. components/parts .....

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..... panying inputs. On the basis of factual position that emerged from the above discussion, it is clear that the inputs (components/parts) in respect of which credit was availed of, were not returned to the manufacturers as such without using the same in the manufacture of the vehicles. Thus the adjudicating authority erred in holding that only credit remained in the account without any input. In fac .....

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