https://www.taxtmi.com/caselaws?id=173094 Modvat credit was held admissible where the inputs were destroyed by fire after manufacturing operations had already commenced. The denial was based on the assumption that destruction occurred before manufacture began, but the appellate finding accepted that production had started and that the fire occurred at the second stage after initial blending. On that factual basis, the premise for disallowance failed, and the departmental challenge was rejected. The stated principle is that destruction of inputs after commencement of manufacture does not, by itself, justify denial of Modvat credit on the ground that manufacture had not begun. en-us Fri, 10 Nov 2000 00:00:00 +0530 Wed, 09 Sep 2015 11:27:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173094 Modvat credit was held admissible where the inputs were destroyed by fire after manufacturing operations had already commenced. The denial was based on the assumption that destruction occurred before manufacture began, but the appellate finding accepted that production had started and that the fire occurred at the second stage after initial blending. On that factual basis, the premise for disallowance failed, and the departmental challenge was rejected. The stated principle is that destruction of inputs after commencement of manufacture does not, by itself, justify denial of Modvat credit on the ground that manufacture had not begun. Case-Laws Central Excise Fri, 10 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173094