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of <h1>CEGAT Chennai Allows Modvat Credit on Duty Paid for Plastic Articles</h1> The Appellate Tribunal CEGAT, Chennai ruled in favor of the appellants, allowing them to take Modvat credit on duty paid on inputs for manufacturing ... Modvat on inputs The Appellate Tribunal CEGAT, Chennai ruled in favor of the appellants, allowing them to take Modvat credit on duty paid on inputs for manufacturing plastic articles. The Revenue's appeal was rejected as the Tribunal had already decided in favor of the assessee in similar cases. The Commissioner's decision to grant Modvat claim was upheld.
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