2004 (12) TMI 494 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi upheld the decision to allow Modvat credit on front end loaders for a sugar and molasses manufacturer, dismissing the Revenue's appeal. The loaders were considered capital goods under Rule 57Q as they were used for material handling equipment in the factory. The Commissioner (Appeals) reversed the Revenue's disallowance of the credit.