https://www.taxtmi.com/caselaws?id=99935 Modvat credit on inputs used in goods cleared under an export-linked procedure was admissible because the goods were actually used to manufacture final products that were eventually exported. Such clearances were not treated as exempt merely because they moved under Rule 191B/191BB for export, and there was no finding of diversion to any other use. The Tribunal applied its earlier decisions and the principle that export-bound goods do not become exempt goods by reason of the clearance procedure alone. In the absence of any rule authorising denial of credit in this situation, the Revenue's objection failed, and the existence of advance licences under a separate scheme did not alter that result. en-us Fri, 01 Dec 2000 00:00:00 +0530 Mon, 30 Jan 2012 16:24:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99935 Modvat credit on inputs used in goods cleared under an export-linked procedure was admissible because the goods were actually used to manufacture final products that were eventually exported. Such clearances were not treated as exempt merely because they moved under Rule 191B/191BB for export, and there was no finding of diversion to any other use. The Tribunal applied its earlier decisions and the principle that export-bound goods do not become exempt goods by reason of the clearance procedure alone. In the absence of any rule authorising denial of credit in this situation, the Revenue's objection failed, and the existence of advance licences under a separate scheme did not alter that result. Case-Laws Central Excise Fri, 01 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99935