https://www.taxtmi.com/caselaws?id=114204 Modvat credit under Notification No. 204/92-Cus. could not be denied on the basis of a six-month import condition that the notification did not prescribe. The tribunal treated the facility to import raw materials against exports as an enabling benefit, not a mandatory prerequisite, and held that no condition could be implied into the notification by the Revenue. As admissibility of the credit was otherwise accepted, the denial was unsustainable and the credit remained available to the assessee. en-us Mon, 22 Sep 2003 00:00:00 +0530 Sat, 12 May 2012 12:03:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114204 Modvat credit under Notification No. 204/92-Cus. could not be denied on the basis of a six-month import condition that the notification did not prescribe. The tribunal treated the facility to import raw materials against exports as an enabling benefit, not a mandatory prerequisite, and held that no condition could be implied into the notification by the Revenue. As admissibility of the credit was otherwise accepted, the denial was unsustainable and the credit remained available to the assessee. Case-Laws Central Excise Mon, 22 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114204