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of <h1>Appellate Tribunal Allows Simultaneous Modvat Credit and Exemption, Upheld by Supreme Court</h1> The Appellate Tribunal allowed the appeal, permitting simultaneous availment of Modvat credit and exemption under notification for different products, in ... SSI Exemption and Modvat can be availed simultaneously on different products The Appellate Tribunal allowed the appeal, stating that Modvat credit and exemption under notification can be simultaneously availed if the products are different. The decision was based on previous Tribunal rulings upheld by the Supreme Court.
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