https://www.taxtmi.com/caselaws?id=114161 The Tribunal allowed the appeals, holding that the reversal of Modvat credit on inputs made the final products exempt from duty. The decision was based on legal principles established by the Supreme Court, emphasizing that denying duty exemption for taking credit on inputs used in manufacturing final products was not valid. The Tribunal referred to a previous decision in favor of the appellants and set aside the impugned order, allowing the appeals in line with the Supreme Court's interpretation. en-us Mon, 19 May 1997 00:00:00 +0530 Fri, 11 May 2012 17:38:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114161 The Tribunal allowed the appeals, holding that the reversal of Modvat credit on inputs made the final products exempt from duty. The decision was based on legal principles established by the Supreme Court, emphasizing that denying duty exemption for taking credit on inputs used in manufacturing final products was not valid. The Tribunal referred to a previous decision in favor of the appellants and set aside the impugned order, allowing the appeals in line with the Supreme Court's interpretation. Case-Laws Central Excise Mon, 19 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114161