https://www.taxtmi.com/caselaws?id=114201 Modvat credit on raw materials used in the manufacture of hosiery cloth was admissible because Notification No. 22/99 permitted such credit on its wording, and there was no basis to deny the claim. The objection based on Notification No. 21/99, invoked on the footing that hosiery cloth fell under Chapter Sub-Heading 6002.20, did not prevail against the more specific permission reflected in Notification No. 22/99. The operative effect was that the credit claim was allowed and denial of credit on the strength of Notification No. 21/99 failed. en-us Tue, 16 Sep 2003 00:00:00 +0530 Sat, 12 May 2012 11:53:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114201 Modvat credit on raw materials used in the manufacture of hosiery cloth was admissible because Notification No. 22/99 permitted such credit on its wording, and there was no basis to deny the claim. The objection based on Notification No. 21/99, invoked on the footing that hosiery cloth fell under Chapter Sub-Heading 6002.20, did not prevail against the more specific permission reflected in Notification No. 22/99. The operative effect was that the credit claim was allowed and denial of credit on the strength of Notification No. 21/99 failed. Case-Laws Central Excise Tue, 16 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114201