(1.) BRIEF facts of the case are as under: - -
(2.) WITH due respect to the Hon'ble Member (J), my views and orders are as follows:
(3.) IT has also been mentioned that "prior to 1991, the assessee had option to pay duty and availed modvat credit on raw materials consumed but w.e.f. 4.1.1991, the relevant order was withdrawn (Paid duty at exempted rate).