2003 (3) TMI 227

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... vide which he has extended the benefit of Modvat Credit availed by the appellants on the basis of the endorsed invoices issued by the sister unit M/s. Pioneer Spinners has filed the present appeal. 2. We have heard ld. DR Shri C. Mani, for the Revenue and ld. Counsel, Shri Jagadeesan, for the Respondents. 3. It is seen that the appellant as also M/s. Pioneer Spinners are sister units of M/s. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hen there is a sale by one assessee to another independent assessee, the endorsed modvatable invoices have been held as not proper documents for the purpose of Modvat credit by the Larger Bench decision of the Tribunal rendered in the case of Balmer and Lawrie Ltd. [2000 (116) E.L.T. 364 (Tri.)]. However, in the instant case, the situation is different inasmuch as it is a transfer of the consignme .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X