1999 (7) TMI 176 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi determined whether respondents are entitled to higher rate of credit on scrap from breaking imported ships. The Tribunal upheld that scrap obtained from breaking imported ships is eligible for Modvat credit equal to the duty paid, based on previous decisions. The appeals were rejected, and the impugned order was upheld for the respondents.