2000 (7) TMI 474 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi ruled in favor of the respondents, who were manufacturers of cycle and moped chains. Modvat credit taken by the respondents for duty paid on inputs used for moped chains was allowed, citing previous Tribunal decisions. The Department's appeals were rejected as they lacked merit based on the Tribunal's decisions.