1999 (1) TMI 256 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi determined whether respondents could avail Modvat credit of Rs. 600/- PMT on scrap from breaking up ships, boats, and structures. The Tribunal ruled in favor of the respondents, allowing credit at Rs. 600/- PMT for materials obtained from imported ships/boats/structures. The Tribunal cited previous cases and upheld the respondents' claim, rejecting the appeals.