https://www.taxtmi.com/caselaws?id=99682 Clearances made under CT-2 certificates for manufacture of export goods under Chapter X were treated as a purpose-specific remission of duty, not as a general exemption or nil-rate clearance. On that basis, Rule 57C and Rule 57CC of the Central Excise Rules, 1944 did not apply, because the bar on Modvat credit was confined to exempted goods. The integration of export provisions under Rule 13 also supported the position that credit could not be denied merely because the final products were exported under the earlier procedural framework. Modvat credit therefore remained admissible, and the demand and penalty were unsustainable. en-us Wed, 25 Aug 1999 00:00:00 +0530 Fri, 16 Mar 2012 19:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99682 Clearances made under CT-2 certificates for manufacture of export goods under Chapter X were treated as a purpose-specific remission of duty, not as a general exemption or nil-rate clearance. On that basis, Rule 57C and Rule 57CC of the Central Excise Rules, 1944 did not apply, because the bar on Modvat credit was confined to exempted goods. The integration of export provisions under Rule 13 also supported the position that credit could not be denied merely because the final products were exported under the earlier procedural framework. Modvat credit therefore remained admissible, and the demand and penalty were unsustainable. Case-Laws Central Excise Wed, 25 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99682