2000 (5) TMI 300 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed Modvat credit on grinding wheels under Rule 57A. The Commissioner (Appeals) set aside the disallowance by the Assistant Commissioner, stating it was a procedural mistake. The Revenue appealed, arguing about Rule 57G and Rule 57T, but the Tribunal found this irrelevant. The Tribunal dismissed the Revenue's appeal, stating the credit was admissible and the exercise was revenue neutral.