1998 (7) TMI 170 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed the appeal filed by the appellant against the order denying Modvat credit for Tibor Rods. The Tribunal held that the Tibor Rods were correctly declared under sub-heading 7604.30 in the bill of entry and in the Modvat declaration, so the benefit of Modvat credit cannot be denied. The Revenue did not dispute that the rods were not used in the final product manufacturing. Therefore, the impugned order was set aside and the appeal was allowed.