Tribunal dismisses appeal, upholds decision disallowing Modvat credit on alloy steel rounds
CENTRAL MILL STORES Versus COLLECTOR OF CENTRAL EXCISE, CHANDIGARH
CENTRAL MILL STORES Versus COLLECTOR OF CENTRAL EXCISE, CHANDIGARH - 1997 (93) E.L.T. 58 (Tribunal) The appeal was against the Collector (Appeals) order disallowing Modvat credit on alloy steel rounds. The appellant's declaration only mentioned iron and steel under specific headings not covering alloy steel rounds. The Tribunal rejected the appeal, stating the declaration was insufficient for claiming the credit.