2002 (1) TMI 1005 - AT - Central Excise

Summary

The case involves non-compliance of Modvat Credit Rules after removal from Finance Act, 2000. The appeal concerns wrong availment of Modvat credit on capital goods. The amount involved is Rs. 34,794 out of total credit of Rs. 1,12,690. The penalty was remitted due to immediate compliance by the appellant. The appeal was disposed of accordingly.