2014 (2) TMI 159

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..... 2004 - Held that:- Assessee is entitled to take credit on the basis of 'debit notes' as the same is having all the particulars required to be mentioned in the invoices. Therefore, following the ratio of the decision in the case of Grasim Industries Ltd. (supra), I allow the credit taken by the appellant and set aside the impugned order - Following decision of CCE vs. Grasim Industries ltd. [2011 .....

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..... of these debit notes. The Revenue was of the view that he debit note is not a document specified under Rule 9 (2) of CENVAT Credit Rules, 2004 against which CENVAT credit can be taken, therefore the appellants are not entitled for input service credit on the strength of debit note. Accordingly impugned proceedings were initiated which was confirmed by both the lower authorities. Aggrieved by the .....

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