2001 (3) TMI 115 - HC - Central Excise

Summary

The High Court of Karnataka at Bangalore ruled in favor of the petitioner regarding the availability of Modvat credit for ramming mass used in furnace lining for manufacturing finished products under Rule 57-A of the Central Excise Rules, 1944. The decision was based on a previous Division Bench ruling that categorized the substance as an input, allowing for Modvat credit. The Tax Revision Case (TRC) was disposed of with no costs.