2002 (8) TMI 714 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Chennai, in Citation 2002 (8) TMI 714, upheld the Commissioner (Appeals) decision to allow the benefit of Notification No. 58/86 to the assessee. The Tribunal noted that the tools were used in the manufacture of the final product, meeting the condition of the notification, regardless of ownership. The Revenue's appeal was rejected as there was no merit in denying the benefit based on ownership of the tools.