2000 (6) TMI 53 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed the appeal of manufacturers of aluminium products, stating that they are eligible for Modvat credit on rejected final products remelted for manufacturing new final products, as clarified by Circular No. 263/45/89-CX. The Tribunal ruled in favor of the assessees, citing that Revenue authorities cannot go against the clarifications of the Central Board of Excise & Customs.