https://www.taxtmi.com/caselaws?id=90994 Modvat credit was considered admissible on refractory bricks, thinner, foundry chemicals, stopper head, P.P. resin, ferro chrome, grinding wheels, hot tops and similar factory inputs because the lower appellate authority had already relied on Tribunal decisions and a Larger Bench ruling supporting eligibility. The mere pendency of a special leave petition and admission of a civil appeal did not invalidate those rulings in the absence of any stay of operation. On that basis, the credit remained allowable and the Revenue's challenge failed. en-us Tue, 11 May 1999 00:00:00 +0530 Thu, 13 Oct 2011 10:37:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90994 Modvat credit was considered admissible on refractory bricks, thinner, foundry chemicals, stopper head, P.P. resin, ferro chrome, grinding wheels, hot tops and similar factory inputs because the lower appellate authority had already relied on Tribunal decisions and a Larger Bench ruling supporting eligibility. The mere pendency of a special leave petition and admission of a civil appeal did not invalidate those rulings in the absence of any stay of operation. On that basis, the credit remained allowable and the Revenue's challenge failed. Case-Laws Central Excise Tue, 11 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90994