1995 (11) TMI 179 - AT - Central Excise

Summary

The department appealed against denial of Modvat credit on inputs used in manufacturing Carbon Ink for Carbon Paper. The Collector (Appeals) held that Modvat Credit was eligible. The department argued that since the final product was exempt from duty, Modvat Credit should not be available. The respondents cited a Supreme Court judgment supporting their position. The Tribunal confirmed the Collector (Appeals) decision, stating that Modvat Credit could be availed if the final product incurred duty. No new case law was presented to challenge this decision. The appeal was rejected.