https://www.taxtmi.com/caselaws?id=84993 The Appellate Tribunal allowed the appeal challenging the Modvat credit eligibility for urea formaldehyde described as glue under Tariff Heading 3909.10. The Tribunal emphasized the need for a clear declaration to convey the nature of the input for monitoring purposes in the factory. Acknowledging the historical assessment of goods and the understanding between authorities and respondents, the case was remanded for reevaluation. The appellant also addressed the non-declaration of hardener, agreeing to pay the related Modvat credit amount, which the Tribunal directed the lower authority to consider during the reconsideration process. en-us Fri, 15 Sep 1995 00:00:00 +0530 Tue, 02 Aug 2011 10:49:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84993 The Appellate Tribunal allowed the appeal challenging the Modvat credit eligibility for urea formaldehyde described as glue under Tariff Heading 3909.10. The Tribunal emphasized the need for a clear declaration to convey the nature of the input for monitoring purposes in the factory. Acknowledging the historical assessment of goods and the understanding between authorities and respondents, the case was remanded for reevaluation. The appellant also addressed the non-declaration of hardener, agreeing to pay the related Modvat credit amount, which the Tribunal directed the lower authority to consider during the reconsideration process. Case-Laws Central Excise Fri, 15 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84993