1997 (6) TMI 235 - AT - Central Excise

Summary

The issue in this case is regarding the Modvat credit entitlement of an amalgamated unit under Rule 57G of the Central Excise Rules, 1944. The appellant, Shree Products, was amalgamated with Fidelity Containers, becoming a division of Fidelity Industries. The Central Excise authorities initiated proceedings for recovery of Modvat credit, claiming a fresh declaration was required post-amalgamation. The Tribunal held that the original declaration by the pre-amalgamated unit suffices, and the appeal was allowed. (Case: Sushripada Chemicals v. Commissioner of Central Excise and Customs - 1996 (88) E.L.T. 109 (Tribunal))