https://www.taxtmi.com/caselaws?id=87213 Reclassification of an input from Chapter 27 to Chapter 38 did not defeat the user manufacturer's entitlement to Modvat credit under Rule 57A where duty on the input had been paid by the excise officer. The analysis followed the Larger Bench ruling in TELCO, which recognised that when the same input is reclassified, the consequential credit should be extended to the user manufacturer in identical circumstances. On that basis, Modvat credit was held admissible and denial of credit was not sustainable. en-us Wed, 23 Jul 1997 00:00:00 +0530 Sat, 03 Sep 2011 14:56:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87213 Reclassification of an input from Chapter 27 to Chapter 38 did not defeat the user manufacturer's entitlement to Modvat credit under Rule 57A where duty on the input had been paid by the excise officer. The analysis followed the Larger Bench ruling in TELCO, which recognised that when the same input is reclassified, the consequential credit should be extended to the user manufacturer in identical circumstances. On that basis, Modvat credit was held admissible and denial of credit was not sustainable. Case-Laws Central Excise Wed, 23 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87213