2001 (7) TMI 1088 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi ruled in favor of the respondents regarding Modvat credit on capital goods used in manufacturing cement. The Tribunal found that the items in question are parts of machinery and fall under the definition of 'capital goods.' The appeal by the Revenue was rejected as it lacked merit. (Case citation: 2001 (7) TMI 1088 - CEGAT, New Delhi)