2002 (1) TMI 1112 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai heard a case regarding irregular availment of Modvat credit by a company manufacturing multilayer plastic film. The company declared inputs differently from the actual classification, leading to a demand for recovery of Rs. 10,725. The Commissioner (Appeals) ruled in favor of the company, stating that minor classification discrepancies were not material. The Tribunal upheld this decision, noting that different manufacturers may classify products differently under similar headings. The appeal by the Revenue was dismissed, citing lack of valid grounds.