2000 (11) TMI 440 - AT - Central Excise

Summary

The Commissioner disallowed modvat credit to appellants for input items 'Oxygen Gas', 'Dissolved Acetylene Gas', and 'Welding Electrodes' used in cutting and welding, repairs, and maintenance. Appellants appealed against this decision, citing precedents where similar items were considered eligible inputs. Tribunal directed appellants to deposit the disallowed amount pending final hearing of the appeal. Compliance to be reported by 12-12-2000.