2001 (8) TMI 1082 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai upheld the decision that computer software used by the assessee-respondents did not qualify for Modvat credit as they did not physically process goods. The Tribunal's order in similar cases would bind lower authorities unless overturned by a higher authority or court. The appeal by the Revenue was dismissed. [Citation: 2001 (8) TMI 1082 - CEGAT, Mumbai]