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<h1>Appellate Tribunal allows Modvat credit appeal for grinding wheels & honing sticks. Department's appeal dismissed.</h1> The Appellate Tribunal CEGAT, Mumbai allowed the assessee's appeal on Modvat credit for inputs such as grinding wheels and honing sticks. The department's ... Modvat The Appellate Tribunal CEGAT, Mumbai allowed the appeal of the assessee regarding Modvat credit for inputs like grinding wheels and honing stick, following previous judgments. The department's appeal was dismissed. Consequential relief, if any, was granted as per law.
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