1997 (11) TMI 330 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi overturned the Order-in-Appeal that denied Modvat credit to the appellants based on gate passes endorsed after 31-3-1994. The Tribunal held that the endorsement date, not the issue date, was crucial for availing credit. The Tribunal's decision was influenced by the purpose of the notification and previous rulings, allowing the appeal.