2002 (10) TMI 647 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi heard an appeal regarding the entitlement of a ship breaker to take credit of duty paid on fuel and stores. The Tribunal decided that ship breakers are not entitled to such credit, based on a previous decision and a circular. The penalty imposed on the appellant was set aside, while the impugned order was upheld.