2000 (9) TMI 282 - AT - Central Excise

Summary

The Revenue filed an application questioning the admissibility of Modvat credit on oxygen/acetylene gases used for cutting scrap into smaller pieces for manufacturing steel ingots. The Commissioner (Appeals) allowed the Modvat credit, citing conflicting judgments. The Tribunal referred the case to the Hon'ble Punjab & Haryana High Court for a final decision due to conflicting views on the issue.