2002 (8) TMI 499 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi rejected the appeal where Modvat credit was denied on items like Thermo Tracer, Regent-A, Reference Oil, and Dry Asbestos as they did not fall under the definition of capital goods under Rule 57Q of the Central Excise Rules. The appeal was rejected.