https://www.taxtmi.com/caselaws?id=114014 A concessional excise notification for dyed textured yarn was held available where no Modvat credit had been taken on the duty-paid textured yarn used in that specific final product. Credit taken on filament yarn used for a different final product did not, by itself, defeat the notification benefit for dyed textured yarn. The proviso to Rule 57F(12) was also read as permitting credit utilisation for duty payment on another final product where the stated conditions were met. On that basis, the duty demand was found unsustainable and the Revenue's challenge failed. en-us Thu, 29 Jul 2004 00:00:00 +0530 Wed, 09 May 2012 18:01:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114014 A concessional excise notification for dyed textured yarn was held available where no Modvat credit had been taken on the duty-paid textured yarn used in that specific final product. Credit taken on filament yarn used for a different final product did not, by itself, defeat the notification benefit for dyed textured yarn. The proviso to Rule 57F(12) was also read as permitting credit utilisation for duty payment on another final product where the stated conditions were met. On that basis, the duty demand was found unsustainable and the Revenue's challenge failed. Case-Laws Central Excise Thu, 29 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114014