1999 (8) TMI 283 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi upheld the decision of the Commissioner (Appeals) to allow Modvat credit on items like Muffle Furnace, Auto Load Sharing Panel, BES Ambonite Insert, Complete Spares for Testing Equipments, and Banana Plug. The Tribunal found these items to be capital goods used in the manufacturing process, rejecting the Revenue's appeal against the decision.