2002 (11) TMI 104

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....l is filed against the judgment and order dated 8-9-1999 passed by the Customs, Excise and Gold (Control) Appellate Tribunal, South Zone, Madras (for short 'the Tribunal') in Appeal No. E/Stay/94/99 & E/1073/99 whereby the Tribunal allowed the appeal of the assessee by holding that in previous decisions rendered by the Tribunal, it was decided that Modvat credit is available for high speed diesel ....

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....on. It provides that notwithstanding anything contained in Rule 57A, the manufacturer of final product shall be allowed to take credit of the specified duty paid on the goods used for generation of electricity or steam used for manufacture of final product or for any other purpose within the factory of production. This rule was amended only on 2-3-1998 by adding following explanation : - "Expla....