https://www.taxtmi.com/caselaws?id=87055 Modvat credit on duty-paid inputs could be used against duty on a final product manufactured at another unit through a captive, duty-free intermediate product under Notification No. 217/86-C.E.; the two units were treated as one for the scheme, so the substantive credit benefit was preserved. The Tribunal held that the notification was intended to avoid cascading and unnecessary procedural burden, and that procedural deviations could not defeat the benefit where the same assessee produced the dutiable final product through an exempt intermediate. Reversal of Modvat credit was therefore not warranted. en-us Fri, 25 Jul 1997 00:00:00 +0530 Fri, 02 Sep 2011 15:06:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87055 Modvat credit on duty-paid inputs could be used against duty on a final product manufactured at another unit through a captive, duty-free intermediate product under Notification No. 217/86-C.E.; the two units were treated as one for the scheme, so the substantive credit benefit was preserved. The Tribunal held that the notification was intended to avoid cascading and unnecessary procedural burden, and that procedural deviations could not defeat the benefit where the same assessee produced the dutiable final product through an exempt intermediate. Reversal of Modvat credit was therefore not warranted. Case-Laws Central Excise Fri, 25 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87055