https://www.taxtmi.com/caselaws?id=236665 MODVAT credit was unavailable because the machinery parts and cables were not used as duty-paid inputs or capital goods in the assessee's factory for manufacture of a final product liable to excise duty. The goods were exported in the same condition, without being unpacked, tested, or assembled in the factory, and the sugar plant set up in Vietnam was not a dutiable final product in India. As the scheme requires use in manufacture within the factory and a duty-liable final product, the statutory conditions for credit were not met. The SC therefore upheld denial of MODVAT credit. en-us Tue, 03 Sep 2013 00:00:00 +0530 Mon, 23 Sep 2013 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236665 MODVAT credit was unavailable because the machinery parts and cables were not used as duty-paid inputs or capital goods in the assessee's factory for manufacture of a final product liable to excise duty. The goods were exported in the same condition, without being unpacked, tested, or assembled in the factory, and the sugar plant set up in Vietnam was not a dutiable final product in India. As the scheme requires use in manufacture within the factory and a duty-liable final product, the statutory conditions for credit were not met. The SC therefore upheld denial of MODVAT credit. Case-Laws Central Excise Tue, 03 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236665