https://www.taxtmi.com/caselaws?id=95793 Modvat credit was held inadmissible on inputs used for exempt clearances under Notification No. 1/93-C.E., because Rule 57C barred credit on inputs used in or in relation to exempt final products and the assessee's challenge to exemption eligibility was unsupported. Valuation of job-work goods was not finally determined on the existing record, as the material was insufficient to assess whether railway packing and freight charges formed part of the assessable value; the issue was remanded for fresh adjudication. Modvat credit on welding electrodes used only for maintenance of plant and machinery was also disallowed, as such items were not used in or in relation to manufacture. en-us Thu, 04 Jan 2001 00:00:00 +0530 Thu, 15 Dec 2011 10:46:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95793 Modvat credit was held inadmissible on inputs used for exempt clearances under Notification No. 1/93-C.E., because Rule 57C barred credit on inputs used in or in relation to exempt final products and the assessee's challenge to exemption eligibility was unsupported. Valuation of job-work goods was not finally determined on the existing record, as the material was insufficient to assess whether railway packing and freight charges formed part of the assessable value; the issue was remanded for fresh adjudication. Modvat credit on welding electrodes used only for maintenance of plant and machinery was also disallowed, as such items were not used in or in relation to manufacture. Case-Laws Central Excise Thu, 04 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95793