https://www.taxtmi.com/caselaws?id=102276 Modvat credit was held inadmissible on duty-paid inputs used in or in relation to the manufacture of components cleared without duty under Notification 217/85. The Tribunal applied the Larger Bench ruling that credit is not available where the final product is fully exempt from duty, and sustained the bar under Rule 57C. The earlier view supporting credit was treated as no longer good law, and the denial of credit for the exempt clearances remained in force. en-us Wed, 17 Oct 2001 00:00:00 +0530 Tue, 14 Feb 2012 13:01:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102276 Modvat credit was held inadmissible on duty-paid inputs used in or in relation to the manufacture of components cleared without duty under Notification 217/85. The Tribunal applied the Larger Bench ruling that credit is not available where the final product is fully exempt from duty, and sustained the bar under Rule 57C. The earlier view supporting credit was treated as no longer good law, and the denial of credit for the exempt clearances remained in force. Case-Laws Central Excise Wed, 17 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102276