2001 (12) TMI 612 - AT - Central Excise

Summary

The case involves a dispute regarding Modvat credit availed by M/s. Shree Cement Limited after merging with M/s. Raj Cement. The Assistant Commissioner disallowed the credit, but the Commissioner (Appeals) upheld it based on previous CEGAT decisions. The Revenue appealed, arguing against the reliance on CEGAT decisions, but the appeal was dismissed as the reference application was pending in the High Court.