Tribunal dismisses Revenue's appeal on Modvat credit for Rod Mill Roller Shaft

The Revenue's appeal challenging the allowance of Modvat credit for Rod Mill Roller Shaft was dismissed by the Tribunal. The Tribunal determined that the shafts were used as part of the Mill Roller after being grooved and shelled, supported by evidence provided by the respondent.

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The Revenue appealed against the order allowing Modvat credit for Rod Mill Roller Shaft. Revenue argued the shafts were not used as part of Mill Roller. The respondent claimed the shafts were grooved and shelled before use as Mill Roller, supported by a certificate. The Tribunal found the shafts were indeed used as Mill Roller after processing and dismissed the appeal.

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