https://www.taxtmi.com/caselaws?id=88128 Intermediate products arising in a composite manufacturing process remained covered by Notification No. 217/86-C.E. where copper powder and bi-metal strips were only stages in the production of bi-metal bearings; the presence of more than one intermediate stage did not take the case outside the notification, and the assessee succeeded on this issue. Reversal of Modvat credit could not be directed merely on entries in R.T. 12 returns without issuance of a show cause notice; the procedural safeguard was required before enforcing reversal, and the assessee also succeeded on this issue. The impugned orders were set aside and relief granted in accordance with law. en-us Fri, 09 Jan 1998 00:00:00 +0530 Thu, 15 Sep 2011 12:37:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88128 Intermediate products arising in a composite manufacturing process remained covered by Notification No. 217/86-C.E. where copper powder and bi-metal strips were only stages in the production of bi-metal bearings; the presence of more than one intermediate stage did not take the case outside the notification, and the assessee succeeded on this issue. Reversal of Modvat credit could not be directed merely on entries in R.T. 12 returns without issuance of a show cause notice; the procedural safeguard was required before enforcing reversal, and the assessee also succeeded on this issue. The impugned orders were set aside and relief granted in accordance with law. Case-Laws Central Excise Fri, 09 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88128