https://www.taxtmi.com/caselaws?id=98536 Modvat credit was denied on explosives used in mines located outside the factory because mining was treated as an activity anterior to manufacture, not part of the cement manufacturing process. The tribunal applied binding Larger Bench precedent and held that such explosives were not goods used in or in relation to manufacture, so they lacked the required nexus for input credit under the relevant Modvat rule. The request for remand or adjournment was rejected because the issue had already been settled by precedent and no stay operated against it. en-us Thu, 24 May 2001 00:00:00 +0530 Sat, 21 Jan 2012 10:22:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98536 Modvat credit was denied on explosives used in mines located outside the factory because mining was treated as an activity anterior to manufacture, not part of the cement manufacturing process. The tribunal applied binding Larger Bench precedent and held that such explosives were not goods used in or in relation to manufacture, so they lacked the required nexus for input credit under the relevant Modvat rule. The request for remand or adjournment was rejected because the issue had already been settled by precedent and no stay operated against it. Case-Laws Central Excise Thu, 24 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98536