M/S. Pricol Ltd vs Cce, Coimbatore on 5 January, 2015
5. Heard both sides and gone through the facts. I note that this very Tribunal has considered the identical issue as pointed out by learned counsel and has inter alia held that non-registration as ISD should not deprive the assessee of substantial benefit of credit in Final Order No.40881 to 40883/2016 dt. 3.6.2016. The said order has relied upon earlier order of this Tribunal in Pricol Ltd. Vs CCE Coimbatore - 2015 (38) STR 668 (Che.). The relevant portion of this Tribunals order dt. 3.6.2016 is reproduced herein below for ready reference :