https://www.taxtmi.com/caselaws?id=86932 The Tribunal did not make any further orders on the classification issue of Vulcanised Rubber Spindle Drive Power Transmission Belts, as the appellants withdrew it. Afterward, the Tribunal directed the Assistant Commissioner to examine the Modvat benefit eligibility based on observations made, allowing the benefit if due. The Tribunal emphasized fair consideration based on merits and providing the appellants with an opportunity to be heard, overruling the Departmental Representative's objection regarding Modvat benefit eligibility. en-us Fri, 08 Aug 1997 00:00:00 +0530 Mon, 29 Aug 2011 15:03:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86932 The Tribunal did not make any further orders on the classification issue of Vulcanised Rubber Spindle Drive Power Transmission Belts, as the appellants withdrew it. Afterward, the Tribunal directed the Assistant Commissioner to examine the Modvat benefit eligibility based on observations made, allowing the benefit if due. The Tribunal emphasized fair consideration based on merits and providing the appellants with an opportunity to be heard, overruling the Departmental Representative's objection regarding Modvat benefit eligibility. Case-Laws Central Excise Fri, 08 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86932