1999 (1) TMI 228 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai ruled in favor of the Appellant regarding Modvat credit denial due to improper disclosure of input chapter heading. The Tribunal directed the appellants to freeze Modvat credit of Rs. 30,000 or pay cash within one month, leading to a waiver of the remaining amount demanded. Compliance was ordered by 29-1-1999.