https://www.taxtmi.com/caselaws?id=92850 Modvat credit was not admissible on inputs used exclusively in the manufacture of exempted tractors because Rule 57C barred credit on inputs used in or in relation to exempt final products. Rule 57CC applied only where a manufacturer used common inputs for both dutiable and exempted goods, so it did not allow an option to pay 8% or maintain separate accounts for inputs exclusively consumed in exempt goods. The credit taken on such inputs was contrary to the scheme of the rules, and the duty demand was correctly confirmed. en-us Fri, 31 Dec 1999 00:00:00 +0530 Sat, 05 Nov 2011 14:58:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92850 Modvat credit was not admissible on inputs used exclusively in the manufacture of exempted tractors because Rule 57C barred credit on inputs used in or in relation to exempt final products. Rule 57CC applied only where a manufacturer used common inputs for both dutiable and exempted goods, so it did not allow an option to pay 8% or maintain separate accounts for inputs exclusively consumed in exempt goods. The credit taken on such inputs was contrary to the scheme of the rules, and the duty demand was correctly confirmed. Case-Laws Central Excise Fri, 31 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92850