https://www.taxtmi.com/caselaws?id=85439 Proforma credit was held admissible on duty-paid stampings and laminations used to manufacture electric fans, even though the intermediate electric motors were exempt from duty. Credit could not be denied merely because the intermediate product was fully exempt where those goods were captively consumed within the factory for manufacture of the final product. On that basis, the revenue appeal was rejected. en-us Wed, 08 May 1996 00:00:00 +0530 Fri, 05 Aug 2011 10:47:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85439 Proforma credit was held admissible on duty-paid stampings and laminations used to manufacture electric fans, even though the intermediate electric motors were exempt from duty. Credit could not be denied merely because the intermediate product was fully exempt where those goods were captively consumed within the factory for manufacture of the final product. On that basis, the revenue appeal was rejected. Case-Laws Central Excise Wed, 08 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85439