2001 (10) TMI 829 - AT - Central Excise

Summary

The appeal was filed against the denial of Modvat credit of Rs. 3,77,453 by the Commissioner (Appeals) due to the use of a non-prescribed duty paying document. The Appellate Tribunal allowed the appeal by remanding the case to re-examine the eligibility of credit under Rule 57E and verify if the inputs are covered by all five Bills of Entry.