https://www.taxtmi.com/caselaws?id=105593 Conflicting Tribunal views on Modvat credit for inputs used in manufacturing an exempt intermediate product justified reference to a Larger Bench. The earlier Larger Bench ruling treated credit as barred where the intermediate product was exempt, while later coordinate Bench decisions supported admissibility of credit in such circumstances. Because the later view did not adequately consider the Larger Bench decision and the two lines of authority were not clearly reconcilable, the issue was referred for authoritative reconsideration by a Larger Bench. The question was not decided on merits. en-us Fri, 21 Dec 2001 00:00:00 +0530 Tue, 06 Mar 2012 14:24:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105593 Conflicting Tribunal views on Modvat credit for inputs used in manufacturing an exempt intermediate product justified reference to a Larger Bench. The earlier Larger Bench ruling treated credit as barred where the intermediate product was exempt, while later coordinate Bench decisions supported admissibility of credit in such circumstances. Because the later view did not adequately consider the Larger Bench decision and the two lines of authority were not clearly reconcilable, the issue was referred for authoritative reconsideration by a Larger Bench. The question was not decided on merits. Case-Laws Central Excise Fri, 21 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105593