2001 (6) TMI 349 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata ruled in favor of the appellant, setting aside the denial of Modvat credit based on minor discrepancies in input descriptions and disallowed credit on double tension and single tension string. The tribunal held that such minor discrepancies should not be the basis for denial of credit. The appeal was allowed with consequential reliefs to the appellants, and the stay petition was disposed of.