2001 (1) TMI 499 - AT - Central Excise

Summary

The appeal was filed by Revenue regarding Modvat credit for lubricants used as capital goods credit. The Respondents did not appear, and the notice was returned as "SBCM has been sealed." The issue was settled by the Larger Bench in CCE, Meerut v. Modi Rubber Ltd., stating lubricants used for manufacturing final products are eligible inputs. The appeal by Revenue was rejected based on this decision.