https://www.taxtmi.com/caselaws?id=112881 Opting for Modvat credit under Rule 57A triggered the duty obligation from the date of the option, where the manufacturer had availed credit on the same date. The absence of one-to-one co-relation between inputs and finished goods was treated as immaterial because the notification made the duty consequence depend on availing credit, not on individual matching of inputs to final products. The demand was therefore upheld and the order dropping it was set aside. en-us Fri, 06 Feb 2004 00:00:00 +0530 Wed, 02 May 2012 13:17:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112881 Opting for Modvat credit under Rule 57A triggered the duty obligation from the date of the option, where the manufacturer had availed credit on the same date. The absence of one-to-one co-relation between inputs and finished goods was treated as immaterial because the notification made the duty consequence depend on availing credit, not on individual matching of inputs to final products. The demand was therefore upheld and the order dropping it was set aside. Case-Laws Central Excise Fri, 06 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112881