1998 (1) TMI 234 - AT - Central Excise

Summary

The appeal addressed whether Modvat credit on inputs can be availed by a manufacturer after the actual date of receipt. The Commissioner of Central Excise (Appeals) allowed the credit, following a Tribunal decision, as long as it is taken within a reasonable period of 6 months. The Tribunal rejected the appeal, citing approval from the Gujarat High Court for the decision.