https://www.taxtmi.com/caselaws?id=87041 Modvat credit on inputs used to make miniature bulbs was admissible where the bulbs were captively consumed as intermediate products in the manufacture of torches. Rule 57C did not apply because the dispute was not a simple denial of credit on the ground that the final product was exempt. Rule 57D(2) governed intermediate products arising during manufacture and exempted or chargeable to nil duty, and under that rule credit on inputs used for such intermediate goods could not be denied or varied. The same issue had been decided earlier in the appellant's own case, and the denial of credit was unsustainable. en-us Tue, 08 Jul 1997 00:00:00 +0530 Fri, 02 Sep 2011 14:13:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87041 Modvat credit on inputs used to make miniature bulbs was admissible where the bulbs were captively consumed as intermediate products in the manufacture of torches. Rule 57C did not apply because the dispute was not a simple denial of credit on the ground that the final product was exempt. Rule 57D(2) governed intermediate products arising during manufacture and exempted or chargeable to nil duty, and under that rule credit on inputs used for such intermediate goods could not be denied or varied. The same issue had been decided earlier in the appellant's own case, and the denial of credit was unsustainable. Case-Laws Central Excise Tue, 08 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87041