2003 (4) TMI 459 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai ruled in favor of the respondents, allowing Modvat credit of Rs. 1,18,088.70. The Commissioner (A) set aside the penalty imposed by the Addl. Collector. The Tribunal found that credit on manufacturer's invoices and subsidiary gate pass was admissible, dismissing the appeal by the Revenue.