1998 (11) TMI 199 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai allowed 5 appeals related to the eligibility of rejected final products as inputs for Modvat credit. The Tribunal held that the description of inputs should be broadly interpreted, and differences in terms like 'resin' and 'plastics' are not fatal to eligibility. The Commissioner's denial of Modvat credit was set aside, and the appeals were allowed.