1996 (4) TMI 237 - AT - Central Excise

Summary

The judgment by the Appellate Tribunal CEGAT, Mumbai held that Modvat credit for cement and steel structurals used in civil work for erecting machinery is not admissible under Rule 57Q of the Central Excise Rules, 1944. The applicants were directed to freeze the disputed amount in their account pending compliance by May 1996, failing which their appeal would be rejected. The tribunal also allowed the applicants to rectify any double accounting errors and requested an early hearing due to recurring revenue implications.