2003 (4) TMI 336 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai ruled in favor of the appellant regarding the disallowance of Modvat credit for Hydrochloric Acid used in manufacturing Chlorinated Paraffin Oil. The Commissioner's decision was overturned based on substantial compliance and procedural irregularity. The judgment also highlighted the importance of Rule 57D for continuation of credit on inputs going into by-products. The appeal was allowed with consequential benefit to the appellant.