2005 (1) TMI 129 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi addressed the issue of whether Modvat credit is admissible on capital goods used in mines. Referring to a recent Supreme Court judgment, it was concluded that credit is not admissible on capital goods used in mines situated outside the factory premises. The matter was sent back to the regular Bench for further consideration based on the argument that the mines were underground and inside the factory premises.