1996 (8) TMI 249 - AT - Central Excise

Summary

The appeal was filed against the denial of Modvat credit to the appellants by the Assistant Commissioner of Central Excise, which was upheld by the Commissioner (Appeals). However, the C.B.E.C. issued a circular clarifying that invoices issued against gate passes are valid for Modvat credit under Rule 57G. Since the invoices in question were issued within the specified period and by the manufacturer's sales depot, the dispute was resolved in favor of the appellants. The impugned order was set aside, and the appeal was allowed.