https://www.taxtmi.com/caselaws?id=111745 Captive use of texturised yarn in the manufacture of slide fasteners satisfied the condition in Rule 57AG(3)(b) of the Cenvat Rules where the intermediate product was produced from polyester filament yarn and consumed entirely in-house for the final product. On the undisputed facts, the assessee met the statutory requirement for captively consumed intermediate goods, so the benefit could not be denied on the reasoning adopted by the Commissioner (Appeals). The denial of credit was therefore unsustainable, and the assessee was entitled to the Rule 57AG(3)(b) benefit. en-us Fri, 07 May 2004 00:00:00 +0530 Wed, 25 Apr 2012 10:43:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111745 Captive use of texturised yarn in the manufacture of slide fasteners satisfied the condition in Rule 57AG(3)(b) of the Cenvat Rules where the intermediate product was produced from polyester filament yarn and consumed entirely in-house for the final product. On the undisputed facts, the assessee met the statutory requirement for captively consumed intermediate goods, so the benefit could not be denied on the reasoning adopted by the Commissioner (Appeals). The denial of credit was therefore unsustainable, and the assessee was entitled to the Rule 57AG(3)(b) benefit. Case-Laws Central Excise Fri, 07 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111745