1999 (10) TMI 301 - AT - Central Excise

Summary

The judgment relates to denial of exemption under Notification No. 120/84 for Lubricating Preparations classified under Chapter Heading 3403. The products in question, Molykote 3694 Dispersion and Molykote SPGR Dispersion, were found not eligible for the exemption. However, the appellants may seek Modvat credit for duty paid on inputs used in manufacturing these products. The matter is remanded to the Assistant Commissioner for further consideration.