2002 (7) TMI 649 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi ruled that Modvat credit on fabricated steel tanks used for carrying propane fuel is not admissible as they do not qualify as capital goods under Rule 57Q. The appellants were directed to deposit the disputed amount of Rs. 2,16,000 by a specified date pending further hearing.