https://www.taxtmi.com/caselaws?id=111766 Modvat credit on bleaching chemicals used in fabric processing was treated as admissible where input consumption was quantified by accepted textile industry norms and no workable alternative basis for disallowance was shown. The Tribunal accepted BTRA/ATIRA processing norms, noted that they had been relied on in the assessee's earlier case, and relied on the Supreme Court's approach in Chandrapur Magnet Wires (P) Ltd. Separate input accounts in the form insisted upon by the Revenue were not required on these facts, and the credit was sustained. en-us Tue, 11 May 2004 00:00:00 +0530 Wed, 25 Apr 2012 11:59:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111766 Modvat credit on bleaching chemicals used in fabric processing was treated as admissible where input consumption was quantified by accepted textile industry norms and no workable alternative basis for disallowance was shown. The Tribunal accepted BTRA/ATIRA processing norms, noted that they had been relied on in the assessee's earlier case, and relied on the Supreme Court's approach in Chandrapur Magnet Wires (P) Ltd. Separate input accounts in the form insisted upon by the Revenue were not required on these facts, and the credit was sustained. Case-Laws Central Excise Tue, 11 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111766