https://www.taxtmi.com/caselaws?id=153701 Modvat credit on duty-paid inputs remained admissible where the inputs were welded with flanges in the factory and the resulting goods were exported under bond. The analysis applied Rule 57F read with Rule 57A of the Central Excise Rules, 1944 and the Board's clarification that clearance of inputs as such for export under bond is to be treated at par with final products for credit utilisation. Following the Tribunal's view in Rico Auto Industries, credit could not be denied merely because the process undertaken did not amount to manufacture, so long as the goods were exported under bond and the credit was otherwise admissible. en-us Thu, 14 May 2009 00:00:00 +0530 Sat, 27 Jul 2013 12:33:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153701 Modvat credit on duty-paid inputs remained admissible where the inputs were welded with flanges in the factory and the resulting goods were exported under bond. The analysis applied Rule 57F read with Rule 57A of the Central Excise Rules, 1944 and the Board's clarification that clearance of inputs as such for export under bond is to be treated at par with final products for credit utilisation. Following the Tribunal's view in Rico Auto Industries, credit could not be denied merely because the process undertaken did not amount to manufacture, so long as the goods were exported under bond and the credit was otherwise admissible. Case-Laws Central Excise Thu, 14 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153701