https://www.taxtmi.com/caselaws?id=105671 Modvat credit was held admissible on chemicals and carbon-di-oxide gas used to make sand moulds, where those moulds were themselves used in manufacturing cast iron spun pipes. A prior Larger Bench ruling had already treated chemicals and resin used in making sand moulds for castings as eligible inputs because they were used in relation to manufacture of the final product. The first appellate authority was bound to follow that view and could not rely on earlier contrary decisions or create a factual distinction without showing the Larger Bench ruling was inapplicable. Credit was therefore allowed and the adverse order set aside. en-us Thu, 18 Jul 2002 00:00:00 +0530 Wed, 07 Mar 2012 10:41:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105671 Modvat credit was held admissible on chemicals and carbon-di-oxide gas used to make sand moulds, where those moulds were themselves used in manufacturing cast iron spun pipes. A prior Larger Bench ruling had already treated chemicals and resin used in making sand moulds for castings as eligible inputs because they were used in relation to manufacture of the final product. The first appellate authority was bound to follow that view and could not rely on earlier contrary decisions or create a factual distinction without showing the Larger Bench ruling was inapplicable. Credit was therefore allowed and the adverse order set aside. Case-Laws Central Excise Thu, 18 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105671