1998 (1) TMI 199 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi dismissed two appeals filed by the Department regarding the availing of Modvat credit on gate passes endorsed after 31-3-1994. The Tribunal upheld the decision allowing Modvat credit up to 30-6-1994, stating that Rule 224C was considered and the Sale of Goods Act and Transfer of Property Act were not relevant in this context. The appeals were dismissed based on precedent.