2005 (6) TMI 115 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi allowed the appeal related to denial of Modvat credit to the appellants. The credit was disallowed by the Commissioner (Appeals) on the ground of a dealer takeover issue, but the Tribunal found this ground legally untenable. The appellants received goods with duty paid valid invoices from a registered dealer, and their use of the goods was undisputed. The impugned order was set aside, and the appeal was allowed with consequential relief.