2001 (2) TMI 418 - AT - Central Excise

Summary

The appeal filed by the Revenue regarding Modvat credit availability for coolants used in turning and grinding process was rejected by the Appellate Tribunal CEGAT, New Delhi. The Tribunal held that the coolants were used in relation to the manufacture of final goods, making them eligible for input credit under Rule 57A. The decision was based on the precedent set in the case of C.C.E., Meerut v. Modi Rubber Ltd. - 2000 (119) E.L.T. 197.