1995 (12) TMI 143 - AT - Central Excise

Summary

The appeal was allowed by the Appellate Tribunal CEGAT, Madras regarding the eligibility of MODVAT Credit for regulators used in the manufacture of electric ceiling fans. The Tribunal held that regulators are indispensable parts of ceiling fans and clarified that regulators are classifiable along with fans. The decision was based on previous court rulings and clarifications from the Central Board. The Tribunal emphasized that the key factor is whether the regulator is an indispensable part of the fan and if the fan can be marketed without it.