https://www.taxtmi.com/caselaws?id=178202 The Tribunal upheld the decision allowing Modvat credit for grey fabrics as specified inputs for processors of cotton fabrics, rejecting the Revenue's challenge. Relying on relevant circulars and precedents, including decisions from the Tribunal and High Court of Delhi, the Tribunal, led by Ms. Archana Wadhwa, emphasized adherence to established legal positions. Cases such as CCE vs. Suzuki Synthetics were cited to support the ruling, emphasizing consistency with prior judgments. The judgment reinforces the significance of following established legal precedents in tax matters. en-us Mon, 09 Dec 2013 00:00:00 +0530 Sat, 30 Jan 2016 10:02:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178202 The Tribunal upheld the decision allowing Modvat credit for grey fabrics as specified inputs for processors of cotton fabrics, rejecting the Revenue's challenge. Relying on relevant circulars and precedents, including decisions from the Tribunal and High Court of Delhi, the Tribunal, led by Ms. Archana Wadhwa, emphasized adherence to established legal positions. Cases such as CCE vs. Suzuki Synthetics were cited to support the ruling, emphasizing consistency with prior judgments. The judgment reinforces the significance of following established legal precedents in tax matters. Case-Laws Central Excise Mon, 09 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178202