https://www.taxtmi.com/caselaws?id=88495 Modvat credit was stated to remain available on inputs used in clearances to a 100% Export Oriented Unit under the unamended Rule 57C, because export-related clearances without payment of duty are not treated as exempt or nil-rated domestic clearances. The commentary further notes that the later amendment to Rule 57C and the connected notification were treated as clarificatory, so the expanded credit benefit operated retrospectively. On that basis, denial of credit for such export clearances was not sustainable under the discussed principles. en-us Wed, 24 Dec 1997 00:00:00 +0530 Mon, 19 Sep 2011 12:43:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88495 Modvat credit was stated to remain available on inputs used in clearances to a 100% Export Oriented Unit under the unamended Rule 57C, because export-related clearances without payment of duty are not treated as exempt or nil-rated domestic clearances. The commentary further notes that the later amendment to Rule 57C and the connected notification were treated as clarificatory, so the expanded credit benefit operated retrospectively. On that basis, denial of credit for such export clearances was not sustainable under the discussed principles. Case-Laws Central Excise Wed, 24 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88495