2000 (8) TMI 394 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed the revenue's appeals against the Commissioner of Central Excise (Appeals) order, denying Modvat credit on explosives used in mines for obtaining limestone for cement manufacture. The Tribunal held that Modvat credit is not admissible to explosives used in mines away from the factory, even if one mine is adjoining the factory. The appeals were allowed based on this decision.