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<h1>CEGAT Dismisses Modvat Credit Appeal for Processed Fabrics Exports</h1> The appeal was dismissed by the Appellate Tribunal CEGAT, Mumbai regarding Modvat credit entitlement for duty paid on inputs used in manufacturing ... Modvat The judgment by Appellate Tribunal CEGAT, Mumbai dealt with Modvat credit entitlement for duty paid on inputs used in manufacturing processed fabrics for export. The Commissioner (Appeals) allowed manufacturers' appeals, stating clearances under Rule 13 were not duty exempt. The Tribunal upheld this decision, citing a previous case where a similar argument was rejected. The appeal was dismissed.
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