1999 (8) TMI 232 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi upheld the Commissioner (Appeals) decision allowing Modvat credit on PCB Cords, Electronic Regulator, and PVC Flexible Cables as 'capital goods'. The Tribunal found these items to be electrical equipment and apparatus, following a previous decision in the case of Jawahar Mills Ltd. The appeal by the Revenue disputing the credit was rejected.