2009 (10) TMI 701 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT CHENNAI upheld the Commissioner (Appeals) order extending MODVAT credit for lubricants used in captive mines of cement manufacturers from April 1996 to March 2000 under Rule 57Q of the Central Excise Rules, 1944. The Tribunal ruled that lubricating oils are considered capital goods and eligible for credit during the relevant period. The appeal by the Revenue was rejected, and the cross-objection was dismissed. (Judgment date: 15-10-2009)