2001 (3) TMI 761 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai ruled in favor of the appellant, represented by Shri K.R. Desai, Consultant. The notice to recover notional Modvat credit under Section 11D was found inapplicable as the appellant did not collect any amount representing duty from buyers. The provision for notional Modvat credit was intended as an incentive for small-scale manufacturers. The appeal was allowed, and the impugned order was set aside.