2002 (2) TMI 958 - AT - Central Excise

Summary

The appeal was filed against the denial of Modvat credit to the appellant by the Commissioner (Appeals) following a decision of the Tribunal's Larger Bench. The appellant took credit without obtaining prior sanction from the Assistant Commissioner as required by Rule 57G. The Tribunal upheld the denial of credit, stating that the mandatory requirement under Rule 57G had not been fulfilled in this case. The appeal was rejected.