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of <h1>Appellate Tribunal Allows Modvat Credit for Molasses Duty on Sugar</h1> The Appellate Tribunal CESTAT, Mumbai held in favor of the assessee, ruling that Modvat credit on molasses can be utilized for duty on sugar. The Tribunal ... Cenvat/Modvat The Appellate Tribunal CESTAT, Mumbai ruled that Modvat credit on molasses can be used for duty on sugar. The Tribunal held in favor of the assessee based on previous cases and allowed the appeal, setting aside the order-in-appeal.
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