2000 (3) TMI 465 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi upheld the Modvat credit allowed to M/s. Jindal Strips Ltd. for various items used in their manufacturing process. The Revenue's appeal against this decision was rejected as the items were considered essential parts of an integrated steel plant, meeting the definition of 'Capital Goods' under Rule 57Q. The Commissioner (Appeals) also supported this decision.