TMI Blog2014 (1) TMI 374X X X X Extracts X X X X X X X X Extracts X X X X ..... stered Office and one of their factories were functioning at the relevant time - Subsequently the licence for Tiruvattiyoor unit was surrendered - the Commissioner was not satisfied that the goods were received in their Ponneri factory where credit is taken - the applicant is directed to deposit Rupees Twenty lakhs as pre-deposit – upon such submission rest of the duty to be stayed till the dispos ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cannot be denied on the photocopies of invoices/bills of entry. He also submits that there is no dispute of receipt and utilization of inputs as duly recorded in the registers. He also further submits that there is no allegation of diversion of inputs. He relies upon the decisions of the Tribunal in the case of Matsushita Television Audio India Ltd. Vs CCE Noida 2004 (177) ELT 496 (Tri.-Del.) a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... elevant time. Subsequently the licence for Tiruvattiyoor unit was surrendered. So the Commissioner was not satisfied that the goods were received in their Ponneri factory where impugned credit is taken. In any event, the case law relied upon by advocate would be looked into at the time of appeal hearing. Accordingly, the applicant is directed to deposit Rs.20,00,000/- (Rupees Twenty lakhs only) wi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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