1998 (4) TMI 254 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi ruled in favor of the appellant, a manufacturer of Glass Electric Bulbs, regarding the duty on 'stems' used in bulbs of less than 60 Watts. The appellant was entitled to Modvat credit of duty paid on inputs used in manufacturing the stems. The Adjudicating Authority was directed to verify the amount and adjust the Modvat credit accordingly. No penalty was imposed. (Case Citation: 1998 (4) TMI 254 - CEGAT, New Delhi)