2001 (7) TMI 1017 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi ruled in favor of the appellant, a cement manufacturer, allowing Modvat credit on Armoured Cables, Carrying Idlers, Polymer Liners, and Unprocessed Polyester fabrics as they are considered essential capital goods for cement production. The impugned order disallowing the credit was set aside, and the appeal was allowed.