https://www.taxtmi.com/caselaws?id=114014 The Tribunal upheld the decision in favor of the respondents, confirming their eligibility for the concessional duty under Notification No. 5/98-C.E. The Tribunal found that although the respondents had availed Modvat credit on Filament Yarn for manufacturing Synthetic Filament Textured Yarn, they had not utilized such credit for the duty-paid Textured Yarn used in producing Dyed Textured Yarn. Therefore, the respondents were entitled to the benefit of the notification, and the duty demand against them was dropped. The Revenue's appeal was dismissed. 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 The Tribunal upheld the decision in favor of the respondents, confirming their eligibility for the concessional duty under Notification No. 5/98-C.E. The Tribunal found that although the respondents had availed Modvat credit on Filament Yarn for manufacturing Synthetic Filament Textured Yarn, they had not utilized such credit for the duty-paid Textured Yarn used in producing Dyed Textured Yarn. Therefore, the respondents were entitled to the benefit of the notification, and the duty demand against them was dropped. The Revenue's appeal was dismissed. Case-Laws Central Excise Thu, 29 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114014