https://www.taxtmi.com/caselaws?id=237264 The Tribunal ruled in favor of the manufacturing company, allowing Modvat credit for duty paid on components used in manufacturing motor vehicles supplied to International Organizations. It held that the duty exemption for final products did not preclude duty credit for intermediate products, aligning with the clarificatory nature of Notification No. 11/97. The Tribunal supported the retrospective application of the amendment to ensure consistency in duty exemption treatment for supplies to International Organizations, interpreting the notifications harmoniously to achieve the intended exemption. The impugned duty demand was set aside, and the appeal was granted in favor of the appellants. en-us Fri, 03 May 2013 00:00:00 +0530 Mon, 11 Nov 2013 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237264 The Tribunal ruled in favor of the manufacturing company, allowing Modvat credit for duty paid on components used in manufacturing motor vehicles supplied to International Organizations. It held that the duty exemption for final products did not preclude duty credit for intermediate products, aligning with the clarificatory nature of Notification No. 11/97. The Tribunal supported the retrospective application of the amendment to ensure consistency in duty exemption treatment for supplies to International Organizations, interpreting the notifications harmoniously to achieve the intended exemption. The impugned duty demand was set aside, and the appeal was granted in favor of the appellants. Case-Laws Central Excise Fri, 03 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237264