2000 (6) TMI 228 - AT - Central Excise

Summary

The appellate tribunal allowed the appeal of the manufacturer of Bare Piston & Piston assembly regarding the Modvat credit on exhaust fans. The tribunal found that the exhaust fans qualified as capital goods under Rule 57Q as they were used in the factory and were not excluded from the category of capital goods. The appeal was allowed, and the impugned order was set aside.