https://www.taxtmi.com/caselaws?id=125628 The Tribunal upheld the lower appellate authority's decision regarding the correct availing of credit on parts used in motor vehicles. It emphasized that the initial use of the impugned goods in manufacturing justified the credit availed, even if defective parts were subsequently replaced. The judgment reaffirmed the importance of completing the Modvat/Cenvat chain and utilizing credit for duty payment on final products. The Department's appeal was rejected, confirming the legitimacy of the credit availed despite replacements, providing clarity on input duty credit eligibility in such scenarios. en-us Thu, 04 Sep 2008 00:00:00 +0530 Sat, 27 Oct 2012 10:32:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125628 The Tribunal upheld the lower appellate authority's decision regarding the correct availing of credit on parts used in motor vehicles. It emphasized that the initial use of the impugned goods in manufacturing justified the credit availed, even if defective parts were subsequently replaced. The judgment reaffirmed the importance of completing the Modvat/Cenvat chain and utilizing credit for duty payment on final products. The Department's appeal was rejected, confirming the legitimacy of the credit availed despite replacements, providing clarity on input duty credit eligibility in such scenarios. Case-Laws Central Excise Thu, 04 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125628