2001 (11) TMI 968 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi upheld the Commissioner (Appeals) order allowing Modvat credit on various items as capital goods or inputs. Modvat credit was admitted on items like Refractory Bricks, Refractory Items, Clay Graphite Stopper Head, Pulley/Reduction Gear Box, Patra Line, Access Housing Half Stand, and components of cooling Tower. However, Modvat credit on Grinding Wheels was allowed as inputs, not capital goods. The appeal by the Revenue was rejected.