2002 (8) TMI 649 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata disposed of six appeals filed by the Revenue against M/s. Wazir Steel Industries and M/s. Nilachal Ispat Nigam regarding deemed credit availed for re-rollable materials. The Revenue argued the goods purchased were melting scrap, but the Tribunal agreed with the appellate authority that the goods were re-rollable scrap as the respondents did not have a melting scrap furnace. The Tribunal rejected all appeals filed by the Revenue.