1998 (6) TMI 154 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed Modvat Credit to the appellants under Rule 57H, setting aside the impugned order disallowing the credit. The Assistant Commissioner concluded that the appellants were entitled to the credit, considering relevant documents and Circulars issued by the Central Board of Excise and Customs. The penalty imposed on the appellants was also set aside. The appellants cannot avail the credit a second time after this order.