1998 (3) TMI 332 - AT - Central Excise

Summary

The dispute was whether Modvat credit of duty is available for specific items used in the paper plant for manufacturing paper and paper board. The definition of capital goods includes plant used for manufacturing final products. As long as items are used in the plant, they are entitled to Modvat credit. The items in question are deemed eligible for Modvat credit, and the appeals are allowed in favor of the appellant.