Tribunal Grants Appellant Credit on Inputs in Goods

MONITA CONTAINERS (P) LTD. Versus COMMISSIONER OF C. EX., AHMEDABAD

MONITA CONTAINERS (P) LTD. Versus COMMISSIONER OF C. EX., AHMEDABAD - 1999 (112) E.L.T. 862 (Tribunal) The appellant's application for credit under Rule 57H was partially allowed by the Assistant Commissioner, limiting credit for duty paid on inputs in stock. The appellant argued for credit on inputs in processing or finished products, citing a Tribunal decision. The Tribunal found no rule limiting credit to inputs not in stock, allowing credit on inputs in semi-finished and finished goods pending verification by the Assistant Commissioner.