2001 (2) TMI 367 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata upheld the Commissioner (Appeals) order allowing Modvat credit for duty paid on inputs used for a different purpose. Revenue's appeal was dismissed as the duty was paid by the assessee, entitling them to claim credit under Rule 57E. The Tribunal found no merit in Revenue's argument regarding adherence to Rule 57E (4) as it was amended after the relevant period. The decision was based on precedent cases and rejected the Revenue's appeal.