https://www.taxtmi.com/caselaws?id=101404 A manufacturer may, on a prima facie basis, choose to pay duty on exempted final products and avail Modvat credit on inputs used in their manufacture where that position is supported by the earlier Everest Converters line of authority. Applying that precedent, the Tribunal found the dispute covered at the interim stage and granted protection against recovery pending appeal. The demanded duty and imposed penalty were therefore waived from pre-deposit, recovery was stayed, and the appeals were directed to be heard. en-us Mon, 04 Feb 2002 00:00:00 +0530 Thu, 09 Feb 2012 16:28:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101404 A manufacturer may, on a prima facie basis, choose to pay duty on exempted final products and avail Modvat credit on inputs used in their manufacture where that position is supported by the earlier Everest Converters line of authority. Applying that precedent, the Tribunal found the dispute covered at the interim stage and granted protection against recovery pending appeal. The demanded duty and imposed penalty were therefore waived from pre-deposit, recovery was stayed, and the appeals were directed to be heard. Case-Laws Central Excise Mon, 04 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101404