1996 (9) TMI 236 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai rejected the Department's appeal against allowing Modvat credit on Foundry Chemicals and Fluxes as inputs used in manufacturing finished products to remove impurities and provide required hardness. The appeal was dismissed as the items were deemed essential for manufacturing and the Department's contention for denial of credit was unjustified.