2001 (8) TMI 1124 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata allowed the appeal of the appellant regarding denial of Modvat credit for a Diesel Generating Set. The tribunal found no justifiable reason for denial as no formal installation was required for the set to be put to use. The denial of credit was not in line with Modvat credit principles, so the impugned order was set aside, and the appeal was allowed with consequential reliefs for the appellants.