1988 (1) TMI 169 - AT - Central Excise

Summary

The appeal questioned whether duty paid on cast iron moulds under Tariff Item 68 could be set off under Notification 201/79 after being used for moulding and scrapped. The Tribunal held that scrapped cast iron moulds no longer fell under Tariff Item 68 but under Tariff Item 26, and thus, duty set off was not allowed. Duty set off is only permissible for new inputs, not for those already consumed. The appeal was rejected.