https://www.taxtmi.com/caselaws?id=175445 Cenvat credit was admissible on explosives used in mines to extract limestone, because the limestone functioned as an intermediate product used in the manufacture of cement. The Tribunal applied earlier rulings and the Supreme Court view that explosives used for producing limestone can qualify as inputs used in or in relation to manufacture under the Modvat and Cenvat regimes, and treated the relevant input definition as materially consistent across both regimes. The order denying credit was therefore set aside, and eligibility to credit on explosives used for mining limestone was upheld in favour of the assessee. en-us Fri, 20 Aug 2004 00:00:00 +0530 Sat, 21 Nov 2015 14:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175445 Cenvat credit was admissible on explosives used in mines to extract limestone, because the limestone functioned as an intermediate product used in the manufacture of cement. The Tribunal applied earlier rulings and the Supreme Court view that explosives used for producing limestone can qualify as inputs used in or in relation to manufacture under the Modvat and Cenvat regimes, and treated the relevant input definition as materially consistent across both regimes. The order denying credit was therefore set aside, and eligibility to credit on explosives used for mining limestone was upheld in favour of the assessee. Case-Laws Central Excise Fri, 20 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175445