https://www.taxtmi.com/caselaws?id=107165 Notification 16/97 barred Modvat credit only for inputs used in manufacturing specified goods cleared for home consumption. That restriction did not extend to inputs used in goods exported out of India. As the refund claim concerned unutilised credit attributable to exported products, the notification did not disqualify the assessee from taking Modvat credit or claiming refund under Rule 57F(13) of the Central Excise Rules, 1944. The stated legal principle is that an exemption condition limited to home-consumption clearances cannot be read to deny credit or refund for export-related inputs. en-us Mon, 16 Dec 2002 00:00:00 +0530 Mon, 19 Mar 2012 11:59:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107165 Notification 16/97 barred Modvat credit only for inputs used in manufacturing specified goods cleared for home consumption. That restriction did not extend to inputs used in goods exported out of India. As the refund claim concerned unutilised credit attributable to exported products, the notification did not disqualify the assessee from taking Modvat credit or claiming refund under Rule 57F(13) of the Central Excise Rules, 1944. The stated legal principle is that an exemption condition limited to home-consumption clearances cannot be read to deny credit or refund for export-related inputs. Case-Laws Central Excise Mon, 16 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107165