1998 (10) TMI 223 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Calcutta upheld the Commissioner (Appeals) decision regarding Modvat credit on Fire Bricks used in the furnace. The Tribunal's judgment in Valley Abrasives case was cited, stating that the benefit is available retrospectively. The Revenue's appeal was rejected as the Tribunal's decision was not reversed by a higher authority.