1991 (12) TMI 179 - AT - Central Excise

Summary

The appeal was against the rejection of the modvat credit for steel flats used in manufacturing. The appellants supplied steel ingots to the manufacturer without duty payment, leading to a demand for duty payment. The Assistant Collector reversed the credit and imposed a penalty, but the Collector (Appeals) confirmed the demand while setting aside the penalty. The Tribunal remanded the case to the Assistant Collector to consider eligibility for credit under Rule 57E. The appeal was allowed by way of remand.