2011 (4) TMI 1398

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..... versal credit had been effected for the inputs used in naphtha relating to the clearance for the manufacture of fertilizers - reversal of credit amounts to non-taking of credit - no liability to pay duty - appeal is dismissed. - C.E.A. No. 6 of 2010 - - - Dated:- 12-4-2011 - N. Kumar and Ravi Malimath, JJ. REPRESENTED BY : Shri N.R. Bhaskar, Advocate, for the Appellant. [Judgment per : .....

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..... , they proportionately reversed the credit in respect of naphtha. However, the Commissioner passed an order levying duty in respect of naphtha. The same was challenged by the assessee before the Tribunal. The Tribunal held in the first place that the naphtha is cleared by following the procedure prescribed in Chapter 10. Even otherwise, it was held that the pro rata reversal credit had been effect .....

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