2002 (11) TMI 643 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT, Mumbai involved a case where the appellants manufactured medicine named 'phexin' for a loan licensee. They had taken credit based on invoices showing the licensee as the consignee. Despite queries and a show cause notice seeking recovery, the Tribunal ruled in favor of the manufacturer as the actual receipt of goods was not disputed, applying a precedent where a similar situation was considered for Modvat credit eligibility.