1997 (12) TMI 195 - AT - Central Excise

Summary

The case involved the availment of Modvat credit on substandard Picture Tubes for television sets. The appellants cleared the tubes and paid duty as required by Rule 57F(1). The Tribunal ruled in favor of the appellants, citing a similar precedent where Modvat credit was allowed even for defective inputs. The penalty imposed by the Department was set aside, and the appeal was allowed.