https://www.taxtmi.com/caselaws?id=170163 Credit on partially oriented yarn supplied directly to a job worker remained admissible where the job worker converted it into twisted yarn and cleared that yarn at nil duty. Because the input was duty-paid and formed part of the manufacture chain leading to dutiable final products, there was no basis to deny credit on a deemed utilisation theory. The fact that the intermediate product was cleared at nil rate did not, by itself, justify reversal of credit on the original input. The assessee was therefore entitled to the credit, and the Revenue's objection failed. en-us Tue, 08 Mar 2011 00:00:00 +0530 Mon, 18 May 2015 14:53:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170163 Credit on partially oriented yarn supplied directly to a job worker remained admissible where the job worker converted it into twisted yarn and cleared that yarn at nil duty. Because the input was duty-paid and formed part of the manufacture chain leading to dutiable final products, there was no basis to deny credit on a deemed utilisation theory. The fact that the intermediate product was cleared at nil rate did not, by itself, justify reversal of credit on the original input. The assessee was therefore entitled to the credit, and the Revenue's objection failed. Case-Laws Central Excise Tue, 08 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170163