https://www.taxtmi.com/caselaws?id=266085 Modvat credit on duty-paid capital goods and components sent to job workers under Rule 57S was held not to be deniable merely because the job workers returned completed machines. The Tribunal applied its earlier view that processing through job workers remained within the benefit of Notification No. 214/86-CE, so the routing of components did not defeat the assessee's credit entitlement. The objection that the components' value was not includible for SSI exemption computation, or that there was undervaluation, did not override the settled eligibility for credit. The denial of modvat credit was therefore not justified. en-us Tue, 28 Apr 2015 00:00:00 +0530 Sun, 18 Oct 2015 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266085 Modvat credit on duty-paid capital goods and components sent to job workers under Rule 57S was held not to be deniable merely because the job workers returned completed machines. The Tribunal applied its earlier view that processing through job workers remained within the benefit of Notification No. 214/86-CE, so the routing of components did not defeat the assessee's credit entitlement. The objection that the components' value was not includible for SSI exemption computation, or that there was undervaluation, did not override the settled eligibility for credit. The denial of modvat credit was therefore not justified. Case-Laws Central Excise Tue, 28 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266085