1998 (7) TMI 347 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai allowed the appeal regarding credit denial on returned goods for reprocessing, stating that defective goods can be considered inputs for manufacturing goods free of defects. The Tribunal held that the denial of credit was not valid as the grounds were not mentioned in the notice. The decision was based on the rule that where more than one benefit is available, the assessee can avail of either, leading to the appeal being allowed and the impugned order set aside.