2003 (5) TMI 405 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT, Bangalore addressed the issue of whether a Passenger Lift is eligible for Modvat credit under Rule 57Q. The party argued that the lift was used for handling raw materials in addition to carrying passengers, which was not considered by the adjudicating authority. Upon review, the Tribunal found no justification to deny the Modvat credit and allowed the appeal.