https://www.taxtmi.com/caselaws?id=88429 Modvat credit earned on inputs while the facility was in force remained an accrued entitlement after withdrawal of the scheme, so long as the final product continued to be dutiable. Withdrawal of the facility did not extinguish credit already validly taken on earlier input receipts, and the credit could still be utilised for duty payment after the withdrawal date. Utilisation of the pre-withdrawal credit was therefore permissible in favour of the assessee. en-us Mon, 10 Feb 1997 00:00:00 +0530 Sat, 17 Sep 2011 17:32:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88429 Modvat credit earned on inputs while the facility was in force remained an accrued entitlement after withdrawal of the scheme, so long as the final product continued to be dutiable. Withdrawal of the facility did not extinguish credit already validly taken on earlier input receipts, and the credit could still be utilised for duty payment after the withdrawal date. Utilisation of the pre-withdrawal credit was therefore permissible in favour of the assessee. Case-Laws Central Excise Mon, 10 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88429