Appellate Tribunal rules in favor of Appellant, allowing Modvat credit for rejected goods used in production.

The Appellate Tribunal CESTAT, Mumbai ruled in favor of the Appellant, allowing the appeal and setting aside the impugned order regarding Modvat credit for rings used in manufacturing finished goods. The rejected goods were deemed eligible for credit as they were utilized in production.

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The Appellate Tribunal CESTAT, Mumbai ruled in favor of the Appellant regarding Modvat credit for rings used in manufacturing finished goods. The impugned goods, initially rejected by the supplier, were deemed eligible for credit as they were utilized in production. The appeal was allowed, and the impugned order was set aside.

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