https://www.taxtmi.com/caselaws?id=84255 Modvat credit depends on the declared identity of the final product and the connection between the inputs and those declared products. Two-in-ones are distinct from tape recorders and radios, but credit on common inputs may be used where the inputs are common to properly declared final products; verification of declarations and input particulars is required before deciding entitlement. Cassette players are distinct goods from tape recorders in trade parlance and under separate tariff headings. Credit used for cassette players cannot be treated as properly utilised where cassette players were not declared as final products. en-us Mon, 13 Mar 1995 00:00:00 +0530 Wed, 20 Jul 2011 16:57:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84255 Modvat credit depends on the declared identity of the final product and the connection between the inputs and those declared products. Two-in-ones are distinct from tape recorders and radios, but credit on common inputs may be used where the inputs are common to properly declared final products; verification of declarations and input particulars is required before deciding entitlement. Cassette players are distinct goods from tape recorders in trade parlance and under separate tariff headings. Credit used for cassette players cannot be treated as properly utilised where cassette players were not declared as final products. Case-Laws Central Excise Mon, 13 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84255