2000 (10) TMI 774 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata allowed the appeal by Smt. Archana Wadhwa, setting aside the denial of Modvat credit on capital goods due to a one-day delay in filing the declaration and the issue regarding cam profile not being declared as an independent item. The Tribunal found that the delay should not be a reason to deny the credit and recognized that cam profile is part of Dobby, which was declared in the duty paying document. The appeal was allowed with consequential relief to the appellants.