1995 (11) TMI 152 - AT - Central Excise

Summary

The Revenue appealed against a decision by the Collector (Appeals) regarding Modvat credit for PVC Resin. The Collector (Appeals) allowed the credit for the entire 20 MT of PVC Resin, even though GP-1 was not available for 10 MT initially. The Assistant Collector had disallowed the credit for the 10 MT without GP-1. The Appellate Tribunal upheld the Collector (Appeals) decision, stating that the PVC Resin was available for verification and GP-1 was later produced. The Revenue's appeal was rejected.