R. SURESH KUMAR, J.

1. This Civil miscellaneous appeal has been filed against the final order Nos. 535 and 536 of 2001 dated 15.3.2001 passed by the first respondent, i.e., the Customs, Excise and Gold (Control) Appellate Tribunal, Chennai, (hereinafter referred to as CEGAT, Chennai).

2. The necessary facts which are required to be noticed for disposal of this miscellaneous appeal are as follows:

(i) The appellant / assessee was engaged in manufacture of proprietary medicines falling under Chapter 30 of the first schedule to the Central Excise Tariff Act, 1985. The assessee company was registered with Central Excise Department for the purpose of accounting the manufacture of various products and for paying appropriate excise duty as applicable in terms of Central Excise Act, 1944 (in short, 'the Act'). One of the products manufactured by the assessee company is “Analgin”. For the manufacture of the said product, among other inputs, three raw materials namely, Methyl Aceto Acetate, Cysteamine and Isoprophyl Alcohol are required, which, the assessee company regularly imported from abroad.

(ii) During the relevant period, under the Central Excise Rules, 1944 (hereinafter referre