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<h1>CEGAT in New Delhi Allows Modvat Credit Appeal, Citing Precedent</h1> The Appellate Tribunal CEGAT, New Delhi allowed the appellants' appeal regarding the denial of Modvat credit on capital goods, citing similarity to a ... Modvat/Cenvat - Modvat on capital goods The Appellate Tribunal CEGAT, New Delhi allowed the appeal of the appellants regarding the denial of Modvat credit on capital goods. The Tribunal found that the case of the appellants was similar to a previous decision where Modvat credit was held to be admissible, so the appeal was allowed.
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