2003 (3) TMI 190 - AT - Central Excise

Summary

The appeal was against disallowance of Modvat credit of Rs. 2,08,500/- and penalty imposition. Appellants re-credited the amount without seeking permission, which was disallowed. Re-crediting without permission is not allowed under Modvat Rules. The appeal was dismissed, and the impugned order was upheld.