1998 (3) TMI 403 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Calcutta allowed the appeal in favor of the appellant firm regarding Modvat credit on capital goods. The Tribunal directed that the Modvat credit should be allowed on the original copy of the invoice despite a rectifiable defect of non-endorsement by the H.O. Duty was paid on the capital goods, and the appeal was allowed with consequential relief to the appellant firm.