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2002 (5) TMI 718 - AT - Central Excise
The Appellate Tribunal CEGAT, New Delhi, in the case of manufacturing of Acrylic Yarn, allowed Modvat credit on specific items as capital goods under Rule 57Q of Central Excise Rules, 1944. The Tribunal rejected the Revenue appeal citing admissibility of Modvat credit based on a Supreme Court judgment. (Case: 2002 (5) TMI 718 - CEGAT, New Delhi)
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