1999 (4) TMI 255 - AT - Central Excise

Summary

The appeal related to the denial of Modvat credit of Rs. 4075.76. The Collector (Appeals) denied the credit for non-maintenance of registers, but the appellate tribunal overturned this decision, stating that Modvat credit cannot be denied for this reason. Penalty for non-maintenance of registers was upheld. Appeal allowed for Modvat credit denial, penalty sustained.