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<h1>Appellate Tribunal allows Revenue's appeal on Modvat credit for explosives</h1> <h3>COMMISSIONER OF CENTRAL EXCISE, RAIPUR Versus PRISM CEMENT LTD.</h3> COMMISSIONER OF CENTRAL EXCISE, RAIPUR Versus PRISM CEMENT LTD. - 2002 (149) E.L.T. 872 (Tri. - Del.) The Appellate Tribunal CEGAT, New Delhi allowed the appeal filed by the Revenue in the case involving Modvat credit for explosives used in mines by M/s. Prism Cement Ltd. The Tribunal set aside the decision of the Commissioner of Central Excise (Appeals) as it was overruled by a Larger Bench decision. The amount of duty involved was Rs. 44,712.00, and no penalty was imposed. The order-in-original passed by the Asstt. Commissioner of Central Excise (Appeals), Satna was restored.