2000 (11) TMI 1165 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai dismissed the appeal by the Commissioner challenging the decision that the respondent was entitled to take Notional Modvat credit in October 1991 for goods received and credit taken in June 1991. The Tribunal applied the decision in CCE v. Mysore Lac & Paints Works, allowing notional credit to be taken within a reasonable period, found to be six months in this case.