2006 (1) TMI 21

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..... ted 31.03.2005. Both the authorities below have decided the issue in favour of the assessee yet, the Commissioner is aggrieved with both the orders. As the issue lies in short compass and covered by several judgments, the stay application is dismissed and the appeal is taken up for disposal as per law. 2. The appellants are manufacturers of "Pet bottles" falling under Chapter Sub-heading No. 3923 .....

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..... E, Madras -1996 (14) RLT 360 (CEGA T-SRB) =1 996 (88) ELT 222 (iv) Roche Products Ltd. Vs. CCE, Bombay - 1995 (78) ELT 127 (T) 3. Heard learned SDR who contended that although no time period has been mentioned under Rule 57AC yet, there cannot be indefiniteness in allowing the credit in a circumstance where credit is taken even after six months. He submits that the reasonable period for taking c .....

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..... in the appeal memo viz. M/s. Elgi Equipments Ltd. vs. CCE, Coimbatore - 1996 (81) ELT 115 (T) & MRF Ltd. vs. CCE, Madras - 1996 (88) ELT 226 (T), held that six months is the reasonable period to take the credit. It was pertaining to a situation when the period under Section 11A had not been amended. During the period in question, the provision of Section 11A had been amended and time for recovery .....

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