2002 (4) TMI 447 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Bangalore dismissed the appeal filed by the Revenue regarding denial of small scale exemption under Notification No. 1/93. The Tribunal upheld the decision in favor of the Respondents, allowing them to claim Modvat credit alongside the exemption benefit. The appeal was dismissed based on the precedent set by the case of Franco Italian Co. Pvt. Ltd. v. Commissioner of Central Excise, Mumbai-II.