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<h1>Appellate Tribunal allows Modvat credit on PVC sheets for tool containers</h1> The Appellate Tribunal CEGAT in New Delhi allowed Modvat credit on PVC sheets used for making containers for sets of tools, following the decision of the ... Modvat The Appellate Tribunal CEGAT in New Delhi allowed Modvat credit on PVC sheets used for making containers for sets of tools, following the decision of the Madras High Court. The appeal was allowed with consequential relief.