2000 (3) TMI 821 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed the appeal regarding Modvat credit disallowance on chemicals and resins used in sand moulds, citing precedent where chemicals and resins were considered eligible inputs for Modvat credit. The Tribunal noted that catalysts are also chemicals and ruled in favor of the appellants, granting them relief in accordance with the law.