2002 (12) TMI 341 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai allowed the appeal filed by a pharmaceutical manufacturer for refund of Modvat credit on duty paid for exported products. The Tribunal held that the manufacturer was entitled to the refund as per Notification 16/97, despite the Commissioner (Appeals) denying the refund based on incorrect interpretation of the conditions in the notification. The impugned order was set aside.