https://www.taxtmi.com/caselaws?id=89892 Modvat credit under Rule 57A was allowable on inputs used in hydraulic assemblies transferred between units under Chapter X procedure and on assemblies cleared on payment of duty, because those clearances were neither exempt nor at nil rate. Credit was barred only to the extent relatable to inputs used in manufacturing exempt tractors under Rule 57C, and that segment had already been reversed at clearance. Credit for the non-exempt tractor categories and the hydraulic assemblies was therefore sustainable in law. en-us Fri, 09 Oct 1998 00:00:00 +0530 Fri, 30 Sep 2011 12:56:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89892 Modvat credit under Rule 57A was allowable on inputs used in hydraulic assemblies transferred between units under Chapter X procedure and on assemblies cleared on payment of duty, because those clearances were neither exempt nor at nil rate. Credit was barred only to the extent relatable to inputs used in manufacturing exempt tractors under Rule 57C, and that segment had already been reversed at clearance. Credit for the non-exempt tractor categories and the hydraulic assemblies was therefore sustainable in law. Case-Laws Central Excise Fri, 09 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89892