2005 (5) TMI 199 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi denied Modvat credit to the appellants on welding electrodes, H.P Plates, Angles, M.S. Plates. The credit was rightly denied as these items were used for repair and maintenance of machinery, not as capital goods. The appeal was rejected, upholding the impugned order.