2002 (11) TMI 104 - SC - Central Excise

Summary

The Supreme Court upheld the Customs, Excise and Gold (Control) Appellate Tribunal's decision that Modvat credit is available for high speed diesel oil used for generating electricity in a cement plant before and after a specific date. The Court found that the manufacturer was entitled to the benefit of the notification until Rule 57B was amended in 1998. The appeal was dismissed with no costs.