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<h1>CEGAT Appellate Tribunal allows appeals on Modvat credit for capital goods, remands for reconsideration.</h1> The Appellate Tribunal CEGAT, New Delhi allowed the appeals and remanded the matter for reconsideration regarding Modvat credit on capital goods, ... Modvat on capital goods The Appellate Tribunal CEGAT, New Delhi considered Modvat credit on capital goods. The appellants appealed against denial of Modvat credit on specific items. The Tribunal set aside the orders and remanded the matter for reconsideration based on a previous decision. The appeals were allowed for remand.