https://www.taxtmi.com/caselaws?id=117181 The Tribunal dismissed the department's appeal, upholding the Order-in-Appeal that allowed Modvat credit on inputs in finished goods stock. The decision emphasized the importance of considering evidence, specifically the consumption ratio provided by the respondents, before denying such credit. It highlighted the need for proper analysis and justification by the adjudicating authority in similar cases to support any denial of credit. en-us Mon, 26 Dec 2005 00:00:00 +0530 Wed, 20 Jun 2012 18:21:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117181 The Tribunal dismissed the department's appeal, upholding the Order-in-Appeal that allowed Modvat credit on inputs in finished goods stock. The decision emphasized the importance of considering evidence, specifically the consumption ratio provided by the respondents, before denying such credit. It highlighted the need for proper analysis and justification by the adjudicating authority in similar cases to support any denial of credit. Case-Laws Central Excise Mon, 26 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117181