2000 (10) TMI 612 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai allowed the appeals related to the availability of Modvat credit for capital goods like machines and switch boards, citing a previous Larger Bench decision. The Tribunal criticized the Commissioner (Appeals) for disregarding the precedential value of the Larger Bench decision and emphasized the need for lower authorities to follow orders from superior authorities. The appeals were allowed, and the impugned orders were set aside.