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<h1>CEGAT Upholds Disallowance of Modvat Credit on Paper & Paperboard</h1> <h3>COMMISSIONER OF C. EX., CHANDIGARH-II Versus MUKHERIAN PAPER</h3> The Appellate Tribunal CEGAT, New Delhi upheld the Commissioner (Appeals) Order disallowing Modvat credit on uncoated paper and paperboard, dated ... Modvat/Cenvat - Modvat on capital goods The Appellate Tribunal CEGAT, New Delhi upheld the Order dated 29-6-2001 passed by the Commissioner (Appeals) regarding disallowance of Modvat credit on uncoated paper and paperboard. The Tribunal found no legal or factual infirmity in the decision and rejected the Revenue's appeal.