2002 (4) TMI 719 - AT - Central Excise

Summary

The appeal was filed regarding the denial of Modvat credit for MILCY 40 oil used as lubricating oil in a generator. The appellant cited previous Larger Bench judgments supporting the grant of credit for lubricating oil used in machinery. The Tribunal noted that the Modvat credit should be extended for the oil as per the Larger Bench judgments, setting aside the impugned order and allowing the appeal.