https://www.taxtmi.com/caselaws?id=83890 Interpretation of the proviso to Notification No. 177/86-C.E. concerning Modvat credit on inputs received from a 100% export-oriented undertaking was treated as raising a referable question of law. The Tribunal noted that the proviso was capable of more than one reasonable construction and that no binding High Court or Supreme Court authority settled the point, including whether credit was confined to the countervailing duty actually paid by the undertaking. On that basis, the interpretative controversy was held to require authoritative determination, and the formulated question was referred to the High Court. en-us Thu, 29 Dec 1994 00:00:00 +0530 Mon, 18 Jul 2011 15:08:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83890 Interpretation of the proviso to Notification No. 177/86-C.E. concerning Modvat credit on inputs received from a 100% export-oriented undertaking was treated as raising a referable question of law. The Tribunal noted that the proviso was capable of more than one reasonable construction and that no binding High Court or Supreme Court authority settled the point, including whether credit was confined to the countervailing duty actually paid by the undertaking. On that basis, the interpretative controversy was held to require authoritative determination, and the formulated question was referred to the High Court. Case-Laws Central Excise Thu, 29 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83890