https://www.taxtmi.com/caselaws?id=80289 Modvat credit was held available on oxygen gas and dissolved acetylene gas used in producing exempt intermediate steel castings, because Rule 57D(2) protected inputs used in a manufacturing chain where the intermediate goods were themselves used to make the final products. The exemption of the intermediate castings did not, by itself, bar credit, and Rule 57J and the job-work notification were not treated as the governing basis for denial. Credit was also not denied merely because the inputs were received and used before 1-3-1986, since Rule 57H was framed in alternative terms and the condition relating to final products cleared on or after that date was satisfied. en-us Tue, 21 Nov 1989 00:00:00 +0530 Wed, 15 Jun 2011 18:14:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80289 Modvat credit was held available on oxygen gas and dissolved acetylene gas used in producing exempt intermediate steel castings, because Rule 57D(2) protected inputs used in a manufacturing chain where the intermediate goods were themselves used to make the final products. The exemption of the intermediate castings did not, by itself, bar credit, and Rule 57J and the job-work notification were not treated as the governing basis for denial. Credit was also not denied merely because the inputs were received and used before 1-3-1986, since Rule 57H was framed in alternative terms and the condition relating to final products cleared on or after that date was satisfied. Case-Laws Central Excise Tue, 21 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80289