2001 (12) TMI 656 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT, Bangalore addressed the eligibility of Air-dehumidification/Air-conditioning equipment as capital goods for Modvat credit under Rule 57Q of Central Excise Rules, 1944. The appellant's representative cited previous Tribunal decisions supporting eligibility, while the Revenue representative argued against it based on amendments to Rule 57Q. Ultimately, the Tribunal ruled in favor of the appellant, citing the Supreme Court decision and the non-retrospective effect of the relevant notifications. The appeal was allowed with consequential relief.