PER: M.M. PARTHIBAN

This appeal has been filed by M/s Raymond Limited, Thane (herein after referred to, as ‘the appellants’, for short) assailing the Order-in- Appeal No. PUN-EXCUSS-000-APPL/2017-18 dated 23.08.2018 (referred to, as ‘the impugned order’) passed by the Commissioner (Appeals), CGST & Central Excise, Nashik.

2.1 Briefly stated, the facts of the case are that the appellants’ factory situated at E-1, MIDC, Ajanta Road, Jalgaon are registered with jurisdictional Central Excise department for manufacture of ‘textile fabrics and textile articles’ falling under Chapter Nos. 51, 55, 62 and 63 of the First Schedule to the Central Excise Tariff Act, 1985, by holding Central Excise Registration No. AAACRG4896AXM003. The appellants avail CENVAT credit of duty paid on inputs, capital goods and input services used for manufacture of final products and utilize the said credit for payment of duty on their final products.

2.2 The Central Government had introduced a completely revised Central Excise duty structure in the Union Budget 2004, wherein manmade fibres alone was subject to mandatory duty viz., 24% on polyester filament yarn (including textured yarn) and 16% on all other filamen