1996 (12) TMI 142 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai held that the assessee was entitled to Modvat credit on duty paid on fuel oil used in its factory from January to December 1995. The department's contention that credit was not available for the period before 16-3-1995 was rejected. The Tribunal upheld the assessee's entitlement to credit and dismissed the appeal.