2003 (2) TMI 113 - AT - Central Excise

Summary

The appeal involved whether M/s. Munjal Gases could avail exemption under Notification No. 1/93-C.E. The Revenue claimed they were ineligible due to availing Modvat credit in one unit while claiming exemption in another. The Tribunal ruled in favor of Munjal Gases, stating that availing Modvat credit in one unit does not disqualify them from exemption in another unit. The appeal by Revenue was rejected.