2000 (1) TMI 521 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, CHENNAI confirmed the Commissioner (Appeals) decision that Energy savings system with Micro Processor qualifies for Modvat credit. The Tribunal held that direct participation in manufacturing is not necessary for Modvat credit eligibility, citing Supreme Court and CEGAT decisions. The Appeal of the Revenue was rejected.