2000 (3) TMI 539 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata allowed the appeal of the appellant regarding the disallowance of Modvat credit on M.S. Channels. The Tribunal found that the declaration filed by the appellant specifying M.S. Channels under the sub-heading 'others' was sufficient, considering the nature of their industrial unit and the supporting documents. The penalty imposed was set aside, and the appeal was allowed with consequential relief to the appellants.