https://www.taxtmi.com/caselaws?id=100143 Modvat credit on inputs used for exempted vegetable products, and on inputs lying in stock for those exempted goods, is not admissible once the final products have become exempt from duty. The relevant inputs were linked to exempt vegetable products, and no evidence was produced to show that they were also used in making other dutiable final products. Applying the cited High Court principle, the credit had to be reversed and could not be utilised against duty on other excisable goods. The disallowance of the credit was therefore sustained. en-us Mon, 11 Jun 2001 00:00:00 +0530 Tue, 31 Jan 2012 13:12:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100143 Modvat credit on inputs used for exempted vegetable products, and on inputs lying in stock for those exempted goods, is not admissible once the final products have become exempt from duty. The relevant inputs were linked to exempt vegetable products, and no evidence was produced to show that they were also used in making other dutiable final products. Applying the cited High Court principle, the credit had to be reversed and could not be utilised against duty on other excisable goods. The disallowance of the credit was therefore sustained. Case-Laws Central Excise Mon, 11 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100143