https://www.taxtmi.com/caselaws?id=114947 Notification No. 217/86-CE was unavailable for silico manganese where the captively used goods were not employed in the assessee's own factory for exempt final products, and the later amendment extending coverage to another factory of the same manufacturer did not apply on the facts. As silico manganese was treated as dutiable, Modvat credit on carbon paste used in its manufacture could not be denied merely because the ultimate products were cleared under an exemption arrangement. Slag used in the manufacture of silico manganese also remained eligible for exemption because its captive use related to a dutiable intermediate product. The matter was thus partly in favour of the assessee. en-us Tue, 18 Jan 2005 00:00:00 +0530 Tue, 22 May 2012 15:32:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114947 Notification No. 217/86-CE was unavailable for silico manganese where the captively used goods were not employed in the assessee's own factory for exempt final products, and the later amendment extending coverage to another factory of the same manufacturer did not apply on the facts. As silico manganese was treated as dutiable, Modvat credit on carbon paste used in its manufacture could not be denied merely because the ultimate products were cleared under an exemption arrangement. Slag used in the manufacture of silico manganese also remained eligible for exemption because its captive use related to a dutiable intermediate product. The matter was thus partly in favour of the assessee. Case-Laws Central Excise Tue, 18 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114947