COMMISSIONER OF CENTRAL EXCISE Vs. TIMEX WATCHES LIMITED

JUDGEMENT

(1.) The present appeal arises out of the order of the Central Excise Service Tax Appellate Tribunal (in short CESTAT) dated 27.5.2015 passed in Appeal No. E/1349/2006 by which the Tribunal has held that the respondent company is entitled to credit as per Rule 57-D of erstwhile Central Excise Rules, 1944.

(2.) The Commissioner of Central Excise, NOIDA has filed the instant appeal by which the following questions of law are referred for decision by this Court.

(3.) We have heard Sri Krishna Agrawal, learned counsel for the appellant/revenue and Sri Sriniwas Kotni, Advocate assisted by Sri Nishant Mishra, learned counsel for the assessee.