2002 (6) TMI 409 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Bangalore considered whether Idler Roller falling under 84.31 is eligible for capital goods for availing Modvat credit under Rule 57Q. Shri Narasimha Murthy argued that the item was excluded from 23-7-1996, but since the credit was on 13-7-1996, the benefit should not be denied. The Tribunal found no issue and dismissed the appeal.