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of <h1>Bombay HC dismisses application on Modvat credit for DGPP components, citing Apex Court ruling.</h1> <h3>The Commissioner of Central Excise, Mumbai III, Dadar (W), Mumbai 28 Versus M/s N.R.C. Ltd. and M/s Century Rayon Ltd.</h3> The Commissioner of Central Excise, Mumbai III, Dadar (W), Mumbai 28 Versus M/s N.R.C. Ltd. and M/s Century Rayon Ltd. - TMI The Bombay High Court dismissed the application regarding the admissibility of Modvat credit on components of Diesel Generating Power Plant (DGPP) installed in a factory. The decision was based on the judgment of the Apex Court in the case of Escorts Ltd. v/s Commissioner of Central Excise, Delhi.
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