2002 (4) TMI 614 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata allowed the appeal of the appellant company regarding denial of Modvat credit and imposition of penalty. The Tribunal found that a minor discrepancy in the description of goods did not justify denial of credit, as the goods were used in the manufacture of the final product. The impugned order was set aside, and the appeal was allowed with consequential reliefs to the appellants.