https://www.taxtmi.com/caselaws?id=113233 Refund of accumulated Modvat credit under Rule 57F(13) was treated as available only where the credit could lawfully be used against duty on the final product at home clearance. Because the finished goods were not liable to duty under the relevant additional excise levy, there was no legal basis for taking or accumulating credit for that product, and the credit mechanism was inapplicable where the final products were fully exempt. The first appellate authority's contrary reasoning was found unsupported by law, and the refund claim was not admissible. en-us Wed, 03 Dec 2003 00:00:00 +0530 Fri, 04 May 2012 14:30:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113233 Refund of accumulated Modvat credit under Rule 57F(13) was treated as available only where the credit could lawfully be used against duty on the final product at home clearance. Because the finished goods were not liable to duty under the relevant additional excise levy, there was no legal basis for taking or accumulating credit for that product, and the credit mechanism was inapplicable where the final products were fully exempt. The first appellate authority's contrary reasoning was found unsupported by law, and the refund claim was not admissible. Case-Laws Central Excise Wed, 03 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113233