9911796707
TMI Blog2014 (3) TMI 1X X X X Extracts X X X X X X X X Extracts X X X X ..... and of interest has been confirmed by the lower authorities on account of the final product became exempt on 09.07.2004 and they came to be cleared later on. Therefore, they are required to pay interest for the intervening period. 2. The brief facts of the case are that the appellant cleared certain capital goods and as per Notification 30/04 dated 09.07.2004 the product which was manufactured by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s in the impugned order. 5. Heard both sides. Considered the submissions. 6. In this case, I find that when the capital goods were procured by the appellant they were entitled to take credit and product was dutiable. Although the product became duty free on 09.07.2004 but there was no bar for capital goods to reverse the credit on said date and thus capital goods have been cleared on payment of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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