1997 (4) TMI 205 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi considered the eligibility of video cassette components for Modvat credit in the manufacture of blank video cassettes. The Tribunal upheld the Collector of Central Excise's decision that the components were eligible for credit under Notification No. 177/86-C.E. The Tribunal rejected the Revenue's appeal, stating there was no merit in denying the Modvat credit.