https://www.taxtmi.com/caselaws?id=207081 Cenvat credit on art-paper and gum base paper was held admissible where those inputs were used to make exempt inlay cards and stickers/labels that functioned only as intermediate products in the manufacture of dutiable cassettes. The Tribunal applied the Cenvat scheme, read with the Board's supplementary instructions, and held that credit cannot be denied merely because an intermediate product emerging in the manufacturing chain is exempt, if the inputs are ultimately used in producing the final dutiable goods. On that basis, the inputs were treated as eligible for credit and the Revenue's appeal failed. en-us Fri, 09 Jan 2009 00:00:00 +0530 Sat, 18 May 2013 15:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207081 Cenvat credit on art-paper and gum base paper was held admissible where those inputs were used to make exempt inlay cards and stickers/labels that functioned only as intermediate products in the manufacture of dutiable cassettes. The Tribunal applied the Cenvat scheme, read with the Board's supplementary instructions, and held that credit cannot be denied merely because an intermediate product emerging in the manufacturing chain is exempt, if the inputs are ultimately used in producing the final dutiable goods. On that basis, the inputs were treated as eligible for credit and the Revenue's appeal failed. Case-Laws Central Excise Fri, 09 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207081