2004 (10) TMI 405 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CESTAT, New Delhi addressed the issue of denying Modvat credit for input quantity lost during production of Ethyl Alcohol due to leakage. The Tribunal ruled in favor of the appellant, citing precedents where credit cannot be denied for wasted inputs during manufacturing process. Appeals were allowed with consequential relief to the appellants.