1998 (4) TMI 341 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, CALCUTTA allowed the appeal regarding Modvat Credit for duty paid on Capital goods, specifically a 'shot blasting machine'. The lower authorities had denied the credit due to a delay in declaration, but the Tribunal found the reasons provided in the declaration valid and applicable, setting aside the impugned order and granting relief to the appellants. (Citation: 1998 (4) TMI 341 - CEGAT, CALCUTTA)