2002 (11) TMI 653 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai allowed Modvat credit for input duty on re-imported goods used in manufacture. The Tribunal held that Modvat credit is available on defective goods remelted and used as inputs. The Commissioner (Appeal) wrongly linked the issue of Modvat credit with drawback. The Tribunal set aside the appeal and restored the original order in favor of the appellants.