https://www.taxtmi.com/caselaws?id=111688 The Appellate Tribunal CESTAT, New Delhi disallowed Modvat credit on G.I. Sheets but upheld it on Silicon Spray. The Tribunal ruled in favor of the respondents regarding the penalty for availing wrongful Modvat credit on G.I. Sheets, stating it was beyond the scope of the show cause notice. The Commissioner (Appeals) decision was modified accordingly, resulting in the disallowance of Modvat credit on G.I. Sheets and the upholding of the credit on Silicon Spray. The appeal of the Revenue was disposed of in line with these findings. en-us Thu, 15 Apr 2004 00:00:00 +0530 Tue, 24 Apr 2012 17:13:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111688 The Appellate Tribunal CESTAT, New Delhi disallowed Modvat credit on G.I. Sheets but upheld it on Silicon Spray. The Tribunal ruled in favor of the respondents regarding the penalty for availing wrongful Modvat credit on G.I. Sheets, stating it was beyond the scope of the show cause notice. The Commissioner (Appeals) decision was modified accordingly, resulting in the disallowance of Modvat credit on G.I. Sheets and the upholding of the credit on Silicon Spray. The appeal of the Revenue was disposed of in line with these findings. Case-Laws Central Excise Thu, 15 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111688