1997 (9) TMI 320 - AT - Central Excise

Summary

The Revenue appeal was against the Collector (Appeals) order partly allowing the claim but rejecting the claim related to invoice No. 199, dated 4-7-1994. The Tribunal remanded the issue and upheld the validity of credits on certain invoices, including those from M/s. Aristo Electronics. The Revenue argued that M/s. M.G. Associates were not wholesale dealers, but the Tribunal disagreed, stating that the term 'wholesale buyer' included in the definition of 'wholesale dealer.' The appeal was rejected, confirming the grant of Modvat credit on the invoices in question.