https://www.taxtmi.com/caselaws?id=80589 MODVAT credit was treated as confined to inputs used and consumed within the same factory unit for manufacture of dutiable final products. Where exempt intermediate goods, such as Alkyd Resins, were cleared without duty from one unit to another unit of the same manufacturer, the credit taken on the inputs used for those goods could not be retained or transferred. The scheme contained no provision for inter-unit transfer of MODVAT credit, and its limited exceptions, such as specified job-work removals, did not extend to these clearances. The exemption notification relied on was held inapplicable because MODVAT had to operate strictly within its own statutory framework. en-us Sat, 03 Mar 1990 00:00:00 +0530 Fri, 17 Jun 2011 17:37:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80589 MODVAT credit was treated as confined to inputs used and consumed within the same factory unit for manufacture of dutiable final products. Where exempt intermediate goods, such as Alkyd Resins, were cleared without duty from one unit to another unit of the same manufacturer, the credit taken on the inputs used for those goods could not be retained or transferred. The scheme contained no provision for inter-unit transfer of MODVAT credit, and its limited exceptions, such as specified job-work removals, did not extend to these clearances. The exemption notification relied on was held inapplicable because MODVAT had to operate strictly within its own statutory framework. Case-Laws Central Excise Sat, 03 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80589