1999 (1) TMI 251 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, MADRAS dismissed the Revenue Appeal regarding Modvat credit on packing materials like plywood planks used for packing Polyester films. The Tribunal held that plywood qualifies as packaging material even if not used to manufacture boxes, as it is essential for the final product. The appeal was dismissed, upholding the availability of Modvat credit on plywood sheets.