2001 (8) TMI 567 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi rejected the revenue's appeal against the order allowing Modvat Credit for Accmon LC-70, Automatic Grease Lubricating System, and Belt & Sway. The Tribunal ruled in favor of the respondents based on previous decisions and the definition of capital goods covering components used in manufacturing. The appeal was dismissed.