2002 (7) TMI 544 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata ruled in favor of the appellant regarding the entitlement to take credit for certain chemicals and Carbon-di-oxide gas used in the manufacture of sand mould for cast iron spun pipes. The decision was based on a Larger Bench ruling that such inputs are eligible for Modvat credit. The Commissioner (Appeals) was criticized for not following the Larger Bench decision and was required to do so. The impugned order was set aside, and the appeal was allowed with consequential relief to the appellants. Stay Petition was also disposed of.