1997 (12) TMI 363 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai rejected the appeal where the Commissioner (Appeals) erred in denying the benefit of transitional provisions under Rule 57H for Modvat credit. The Tribunal held that the credit can be taken if there is a delay in granting permission after the application is made, and the inputs are eligible for the final product. The appeal was rejected based on this reasoning.