1996 (5) TMI 227 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai allowed the appeal of a manufacturer of printing machines who availed Modvat credit on printing ink. The Tribunal considered printing ink as an input necessary for testing the machines before delivery to customers, citing relevant case law. The Tribunal held that ink used in testing is an input, overturning the demand and penalty imposed by the Additional Collector. The appeal was allowed, and the impugned order was set aside. (Case Citation: 1996 (5) TMI 227 - CEGAT, Mumbai)