1999 (11) TMI 259 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi rectified an error in holding that respondents were not required to reverse credit on unutilised inputs and inputs in stock as of 1-3-1992, when the final product became exempt from duty. The Tribunal allowed the Revenue's application, setting aside the previous order and requiring the respondents to reverse the credits. The Reference application was dismissed as a result. (1999 (11) TMI 259 - CEGAT, New Delhi)