2003 (6) TMI 360 - AT - Central Excise

Summary

The appeal involved denial of Modvat credit of Rs. 19,548 for Centre Column and Bottom Plates of moulds. The appellant argued that these items are part of moulds and should be allowed credit as per the law. The tribunal agreed, stating that there was no change in the law, so Modvat credit cannot be denied. The appeal was allowed, and the stay petition was disposed of accordingly.