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of <h1>Appellate Tribunal Grants Modvat Credit for Manufacturing Inputs</h1> <h3>M/s GOODLASS NEROLAC PAINTS LTD Versus COMMISSIONER OF CENTRAL EXCISE, KANPUR</h3> M/s GOODLASS NEROLAC PAINTS LTD Versus COMMISSIONER OF CENTRAL EXCISE, KANPUR - TMI The appellate tribunal allowed the appeal, stating that the appellant is entitled to take modvat credit as inputs were received and used in manufacturing the final product. The impugned order was set aside, and the appeal was allowed with consequential relief.
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