https://www.taxtmi.com/caselaws?id=91126 Modvat credit on inputs used to manufacture goods exported under bond was examined in the context of replenishment materials under the advance licence scheme. The text distinguishes Modvat credit under the Central Excise Rules, 1944 from customs duty liability under the Customs Act, and notes that the relevant notification did not import Modvat restrictions merely because the finished goods were exported under bond. The earlier Tribunal view on Rule 57F(3) was treated as correct, and no contrary point of law was shown. On that basis, the credit was not treated as inadmissible on the stated ground. en-us Tue, 27 Jan 1998 00:00:00 +0530 Fri, 14 Oct 2011 10:23:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91126 Modvat credit on inputs used to manufacture goods exported under bond was examined in the context of replenishment materials under the advance licence scheme. The text distinguishes Modvat credit under the Central Excise Rules, 1944 from customs duty liability under the Customs Act, and notes that the relevant notification did not import Modvat restrictions merely because the finished goods were exported under bond. The earlier Tribunal view on Rule 57F(3) was treated as correct, and no contrary point of law was shown. On that basis, the credit was not treated as inadmissible on the stated ground. Case-Laws Central Excise Tue, 27 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91126