1999 (5) TMI 136 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed Modvat credit on electrical components, OCB, Voltage Controller, Sandvik Tips, welding rods, lubricating oil, welding electrodes, and cables. The Tribunal considered these items as capital goods and upheld the orders of the learned Commissioner (Appeals). The appeals filed by the Revenue were rejected.