https://www.taxtmi.com/caselaws?id=92128 Notification No. 217/86 applies only where the relevant input is manufactured in the factory and used within the factory in or in relation to the manufacture of final products, subject to the proviso excluding wholly exempt or nil-rated goods. On the incomplete record, the duty status of the final products and the character of steam could not be conclusively determined, so entitlement to the exemption required fresh examination by the Assistant Collector. Modvat credit under Rule 57D(2) operates independently of the notification and may extend to inputs used in an intermediate product, but the available facts did not justify a straight grant; the credit question also required reconsideration in accordance with law. en-us Tue, 15 Jun 1999 00:00:00 +0530 Mon, 24 Oct 2011 18:21:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92128 Notification No. 217/86 applies only where the relevant input is manufactured in the factory and used within the factory in or in relation to the manufacture of final products, subject to the proviso excluding wholly exempt or nil-rated goods. On the incomplete record, the duty status of the final products and the character of steam could not be conclusively determined, so entitlement to the exemption required fresh examination by the Assistant Collector. Modvat credit under Rule 57D(2) operates independently of the notification and may extend to inputs used in an intermediate product, but the available facts did not justify a straight grant; the credit question also required reconsideration in accordance with law. Case-Laws Central Excise Tue, 15 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92128