1998 (5) TMI 266 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi upheld the appeal filed by the revenue regarding the issuance of invoices by the marketing division of IOC Mathura Refinery. The Tribunal found that the Modvat Credit was rightly taken based on the invoices issued by the refinery as a manufacturer under Rule 52A and Rule 173G. The appeal was rejected based on previous Tribunal decisions supporting the validity of the invoices.