2009 (7) TMI 1103 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT AHMEDABAD allowed the appeal by the appellant, granting Modvat credit of Rs. 37,058 for alloy steel blocks used in manufacturing plastic moulded articles. The denial of credit was overturned as the steel moulds were captively consumed and exempted from duty, even though not reflected in statutory records. The benefit of Modvat credit was granted to the appellant.