https://www.taxtmi.com/caselaws?id=95087 Modvat credit on inputs used in manufacture of export goods was treated as barred where the exports were made under the Value Based Advance Licence Scheme and benefit of Notification No. 203/92-Cus. was claimed. The notification's condition was read as prohibiting any input-stage credit in respect of such export goods, and the clarification relied on did not change that restriction. Modvat credit was therefore inadmissible on the inputs used for those exports, and the refund claimed was not available. en-us Mon, 13 Nov 2000 00:00:00 +0530 Wed, 07 Dec 2011 17:31:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95087 Modvat credit on inputs used in manufacture of export goods was treated as barred where the exports were made under the Value Based Advance Licence Scheme and benefit of Notification No. 203/92-Cus. was claimed. The notification's condition was read as prohibiting any input-stage credit in respect of such export goods, and the clarification relied on did not change that restriction. Modvat credit was therefore inadmissible on the inputs used for those exports, and the refund claimed was not available. Case-Laws Central Excise Mon, 13 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95087