2001 (5) TMI 69 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi decided on the admissibility of Modvat credit on furnace oil and light diesel oil as inputs for M/s. Modi Cement Ltd. The Tribunal held that the items are inputs and allowed the appeal. The Tribunal did not find any error in not discussing the issue of filing a valid declaration under Rule 57G. The Tribunal dismissed the application as the Modvat credit declaration was filed before the specified date.