https://www.taxtmi.com/caselaws?id=246374 The Tribunal allowed the appeal, overturning the disallowance of Modvat credit on Drills and Bits used in the appellant's captive mines. The appellant successfully argued that as their factory constituted a captive mine, Modvat credit should be permitted, citing the decision in the case of Vikram Cement. The Tribunal found that since the Department did not contest the captive nature of the mines, the appellant's claim was upheld, setting aside the lower authority's decision and granting consequential relief in accordance with the law. en-us Fri, 03 Feb 2012 00:00:00 +0530 Sun, 20 Apr 2014 16:07:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246374 The Tribunal allowed the appeal, overturning the disallowance of Modvat credit on Drills and Bits used in the appellant's captive mines. The appellant successfully argued that as their factory constituted a captive mine, Modvat credit should be permitted, citing the decision in the case of Vikram Cement. The Tribunal found that since the Department did not contest the captive nature of the mines, the appellant's claim was upheld, setting aside the lower authority's decision and granting consequential relief in accordance with the law. Case-Laws Central Excise Fri, 03 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246374