M/S Psi Data Systems Ltd vs Collector Of Central Excise on 17 December, 1996
In these appeals, we heard arguments of counsel on both
sides. Naturally, the learned counsel, Mr. Ganesh, appearing
for the appellant, placed reliance on the judgment of this
Court in PSI case (supra). This Court in PSI Data system's
case considered identical issues and Bharucha, J., speaking
for the Bench, held as follows :-