https://www.taxtmi.com/caselaws?id=92316 Deemed Modvat credit was held inadmissible on used, rejected and unserviceable rail materials treated as clearly recognisable non-duty paid goods. The Tribunal followed its earlier view on identical facts, applying the principle that such material does not qualify for deemed credit under the Modvat scheme. The Revenue's contention was accepted, and the appeals were dismissed on the same reasoning as in the prior related matter. en-us Tue, 26 Oct 1999 00:00:00 +0530 Mon, 31 Oct 2011 17:17:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92316 Deemed Modvat credit was held inadmissible on used, rejected and unserviceable rail materials treated as clearly recognisable non-duty paid goods. The Tribunal followed its earlier view on identical facts, applying the principle that such material does not qualify for deemed credit under the Modvat scheme. The Revenue's contention was accepted, and the appeals were dismissed on the same reasoning as in the prior related matter. Case-Laws Central Excise Tue, 26 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92316