https://www.taxtmi.com/caselaws?id=81289 Modvat credit and exemption under Notification No. 175/86 must be examined commodity-wise, because the restriction in the notification applies only to the goods for which credit is actually claimed. A manufacturer is not barred from taking Modvat credit on inputs used in other distinct finished goods merely because the same unit also enjoys the exemption for different commodities. The only outstanding issue was whether the inputs and finished products were in fact separate in the required manner, and the matter was remanded for limited factual verification. en-us Wed, 10 Apr 1991 00:00:00 +0530 Thu, 23 Jun 2011 16:01:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81289 Modvat credit and exemption under Notification No. 175/86 must be examined commodity-wise, because the restriction in the notification applies only to the goods for which credit is actually claimed. A manufacturer is not barred from taking Modvat credit on inputs used in other distinct finished goods merely because the same unit also enjoys the exemption for different commodities. The only outstanding issue was whether the inputs and finished products were in fact separate in the required manner, and the matter was remanded for limited factual verification. Case-Laws Central Excise Wed, 10 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81289