2003 (9) TMI 598 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CESTAT, Mumbai addressed the eligibility of Modvat credit on gunny bags under Rule 57(A) and on Cane Carrier and Bagasse Carrier Chain under Rule 57Q. Modvat credit on gunny bags was denied as they were not eligible inputs under Rule 57A. However, credit on Cane Carrier and Bagasse Carrier Chain was allowed as they are essential for handling sugarcane, the main raw material for sugar manufacture. The appeal was partially allowed in favor of the appellant.