https://www.taxtmi.com/caselaws?id=124950 Modvat credit on Viscose Staple Fibre used to manufacture Viscose Blended Cotton Yarn could not be denied for the period before 21-10-1994 merely because carded/combed cotton was not then specified as a final product. The settled position applied was that the intermediate product was not excisable for the relevant purpose, while the input used in producing the specified final product remained eligible for credit. The later specification of the intermediate product did not affect entitlement for the material period, so denial of credit was unsustainable and the credit was admissible. en-us Thu, 11 Sep 2008 00:00:00 +0530 Wed, 17 Oct 2012 14:10:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124950 Modvat credit on Viscose Staple Fibre used to manufacture Viscose Blended Cotton Yarn could not be denied for the period before 21-10-1994 merely because carded/combed cotton was not then specified as a final product. The settled position applied was that the intermediate product was not excisable for the relevant purpose, while the input used in producing the specified final product remained eligible for credit. The later specification of the intermediate product did not affect entitlement for the material period, so denial of credit was unsustainable and the credit was admissible. Case-Laws Central Excise Thu, 11 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124950