2004 (11) TMI 365 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CESTAT, New Delhi stated that Modvat credit was denied to the appellants for wrongly availing it on 'Pacmaan' as capital goods. The 'Pacmaan' material was used for tightening joints of pipes in sugar manufacturing, but it was not considered a capital good. The appeal was rejected as the material did not have a role in the final product manufacturing.