Excise duty paid more than CAS-4 is sufficient compliance

CA Urvashi Porwal Brief of the Case In the case of Ran India Steels Pvt. Ltd. Versus Commissioner of Customs & Central Excise, Salem, it was held that excise amount paid on account of inter unit transfer higher than amount arrived as per CAS-4 cannot be treated as non compliance and the CENVAT credit of the same can be availed by the other unit. Facts of the Case The Appellant M/s.Ran India Steels Pvt. Ltd., Unit-II located in Nallur Village, Namakkal District, Tamil Nadu are engaged in the manufacture of MS Ingots falling under Chapter Heading 72061090 and registered with Central Excise...