2001 (8) TMI 248 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi considered a case regarding Modvat credit on furnace oil purchased from Indian Oil Corporation. The appellant's appeal was allowed as the invoices from IOC were deemed acceptable for credit, despite objections about authentication and details. The Tribunal found the denial of credit unjustified, noting that the goods were duty paid and supplied by a Central Govt. undertaking. The impugned orders were set aside, granting relief to the appellant. (2001 (8) TMI 248 - CEGAT, New Delhi)