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<h1>Tribunal rules in favor of appellant, allows appeal against duty demand</h1> <h3>FORMAC ENGINEERING LTD. Versus COLLECTOR OF CENTRAL EXCISE, BOMBAY</h3> FORMAC ENGINEERING LTD. Versus COLLECTOR OF CENTRAL EXCISE, BOMBAY - 1999 (109) E.L.T. 512 (Tribunal) The appeal was against duty demand on waste arising during the machining of forgings. The appellants argued that the supplier was debiting their Modvat credit for the waste. The Tribunal found in favor of the appellant, citing a Supreme Court decision allowing reversal of Modvat credit for exemption. The appeal was allowed, and duty demand was set aside.