2002 (6) TMI 108 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi ruled in favor of M/s. Rajasthan Spg. and Wvg. Mills Ltd., allowing them capital goods credit for steel channels and sheets used in fabrication of chimneys for DG sets. The Tribunal considered the chimneys as accessories of the DG sets falling under Chapter 85 of the Central Excise Tariff, making them eligible for Modvat credit. The appeal was allowed, overturning the previous decision.