2000 (10) TMI 98 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai allowed the appeal of a company engaged in manufacturing portland cement, granting Modvat credit and setting aside the order disallowing the credit. The Tribunal held that the company should not be penalized for mistakes made by sellers, specifically Indian Oil Corporation Ltd. The Commissioner (Appeals) had dismissed the application without discussing the merits, leading to the appeal being allowed in favor of the assessee.