https://www.taxtmi.com/caselaws?id=84743 Rule 191B in-bond manufacture for export goods was treated as a protected export-control mechanism, and the Tribunal held that MODVAT credit on inputs used in commercial plywood cleared under that scheme was not required to be reversed. Rule 57F(3) was construed to extend export-linked credit benefits to such clearances because the goods were ultimately used in export manufacture and the revenue remained safeguarded by the special in-bond procedure. The decision therefore confirms that a statutory export-oriented clearance scheme can attract Rule 57F(3) benefits even if the rule does not expressly name that procedure. en-us Tue, 20 Jun 1995 00:00:00 +0530 Mon, 25 Jul 2011 13:09:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84743 Rule 191B in-bond manufacture for export goods was treated as a protected export-control mechanism, and the Tribunal held that MODVAT credit on inputs used in commercial plywood cleared under that scheme was not required to be reversed. Rule 57F(3) was construed to extend export-linked credit benefits to such clearances because the goods were ultimately used in export manufacture and the revenue remained safeguarded by the special in-bond procedure. The decision therefore confirms that a statutory export-oriented clearance scheme can attract Rule 57F(3) benefits even if the rule does not expressly name that procedure. Case-Laws Central Excise Tue, 20 Jun 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84743