1996 (9) TMI 426 - AT - Central Excise

Summary

The appeal dealt with whether cylinders in fire extinguishers are eligible for Modvat credit. The Tribunal allowed the appeal, stating that cylinders forming part of fire extinguishers are not excluded from credit under Rule 57A. The Tribunal relied on a Board clarification and rejected the Department's argument that the clarification should only apply prospectively. Consequential relief was granted.