1999 (9) TMI 542 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Chennai allowed the appeal by way of remand regarding Modvat credit on H.R. plates used to manufacture Plate rings. The Tribunal agreed that H.R. plates are not capital goods but remanded the matter to examine eligibility for Modvat credit as input under Rule 57Q, subject to verification of payment of duty on Plate Rings.