1997 (12) TMI 342 - AT - Central Excise

Modvat - Transformer oil whether eligible for Modvat credit as component for electrical transformer

Summary

The appeal was filed by M/s. Ramsarup Electricals Ltd. against the order passed by the Commissioner (Appeals), Central Excise, Allahabad regarding the eligibility of Transformer Oil for Modvat credit. The Tribunal allowed the appeal by way of remand for reconsideration in light of a circular clarifying the importance of transformer oil issued after the period in question.