1995 (2) TMI 218 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed the appeal as the appellants were entitled to take notional higher credit under Rule 57A of Central Excise Rules. The Collector (Appeals) disallowed higher notional credit taken subsequently, but the Tribunal held that once Modvat credit is taken, additional credit can be taken if more credit was admissible. The impugned order was set aside, and the appeal was allowed. (Case: 1995 (2) TMI 218 - CEGAT, New Delhi)