2002 (12) TMI 185 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai heard an appeal regarding Modvat credit for CNC Panel Cooler and split Air Conditioner. CNC Panel Cooler was allowed for credit as part of CNC machine, but split Air Conditioner was denied as it was not considered essential for the functioning of goods entitled for credit. The appeal was partly allowed for CNC Panel Cooler and dismissed for split Air Conditioner. (Case Citation: 2002 (12) TMI 185 - CEGAT, Mumbai)