https://www.taxtmi.com/caselaws?id=100088 Modvat credit was available on duty paid inputs used in clearing the final product because the assessable value computation and exclusion of duty components under Section 4 had already been settled by a Larger Bench and subsequent decisions. The Tribunal treated the issue as no longer res integra and held that the Commissioner's allowance of credit accorded with the Modvat scheme and the prevailing legal position. The Revenue's challenge therefore lacked merit and failed. en-us Mon, 21 May 2001 00:00:00 +0530 Tue, 31 Jan 2012 11:55:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100088 Modvat credit was available on duty paid inputs used in clearing the final product because the assessable value computation and exclusion of duty components under Section 4 had already been settled by a Larger Bench and subsequent decisions. The Tribunal treated the issue as no longer res integra and held that the Commissioner's allowance of credit accorded with the Modvat scheme and the prevailing legal position. The Revenue's challenge therefore lacked merit and failed. Case-Laws Central Excise Mon, 21 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100088