2000 (1) TMI 655 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai dismissed the department's appeal against the decision allowing Modvat credit for a specific period. The department argued that the assessee cannot take credit if short credit was taken earlier, but the Tribunal held that the time-limit for taking less credit started from a specific date and dismissed the appeal, stating it lacked merit.