1999 (8) TMI 192 - AT - Central Excise

Summary

The appeal was against an order by the Commissioner of Customs & Central Excise. The issue was whether Capacitor and Reactor are eligible capital goods for Modvat credit under Rule 57Q. The appellant argued based on previous Tribunal decisions, while the respondent cited a circular from Budget 1995. The Tribunal decided in favor of the appellant, stating that the items are eligible capital goods for Modvat credit.