https://www.taxtmi.com/caselaws?id=102901 Modvat credit taken on raw materials used in manufacturing final products was held not includible in the assessable value of the finished goods. The Tribunal followed the binding Larger Bench view and accepted the assessee's contention that adding the cost of such credit to assessable value was impermissible, so the appeal succeeded. en-us Thu, 26 Dec 1996 00:00:00 +0530 Thu, 16 Feb 2012 17:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102901 Modvat credit taken on raw materials used in manufacturing final products was held not includible in the assessable value of the finished goods. The Tribunal followed the binding Larger Bench view and accepted the assessee's contention that adding the cost of such credit to assessable value was impermissible, so the appeal succeeded. Case-Laws Central Excise Thu, 26 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102901