2000 (11) TMI 960 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata ruled in favor of the appellants, small-scale radio manufacturers, allowing them to utilize Modvat credit for inputs used in manufacturing branded goods even though they were enjoying exemption for unbranded goods. The Revenue's denial of the credit was overturned as the law allowed the appellants to avail the credit for branded goods despite clearing unbranded goods at nil duty rate. The appeal was allowed, and the appellants were granted consequential relief.