https://www.taxtmi.com/caselaws?id=155438 MODVAT credit on imported turbochargers used in a diesel engine was treated as allowable even though the engine was later returned for repairs under Rule 173H and rebuilt with replacement turbochargers before final duty-paid clearance. The governing point stated is that credit validly taken on components used in manufacture is not required to be reversed merely because the finished product was repaired, returned, and reassembled, so long as duty is properly discharged on the final clearance. On that basis, the demand for reversal of the original credit was described as unsustainable. en-us Wed, 28 Jul 2010 00:00:00 +0530 Wed, 04 Sep 2013 14:26:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155438 MODVAT credit on imported turbochargers used in a diesel engine was treated as allowable even though the engine was later returned for repairs under Rule 173H and rebuilt with replacement turbochargers before final duty-paid clearance. The governing point stated is that credit validly taken on components used in manufacture is not required to be reversed merely because the finished product was repaired, returned, and reassembled, so long as duty is properly discharged on the final clearance. On that basis, the demand for reversal of the original credit was described as unsustainable. Case-Laws Central Excise Wed, 28 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155438