https://www.taxtmi.com/caselaws?id=2645 Duty demand, denial of Modvat credit, penalty and interest were stated to be unsustainable where duty-paid inputs were used to manufacture exported medicaments and the credit was utilised in a revenue-neutral arrangement. The text notes that export goods and their inputs were eligible for reimbursement of duty, no double or multiple benefit was shown, and Rule 19(2) of the Central Excise Rules supported procurement of raw materials for export manufacture without payment of duty. The Commissioner's order was therefore set aside and consequential relief followed in favour of the assessee. en-us Fri, 12 Oct 2007 00:00:00 +0530 Sat, 11 Jul 2009 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2645 Duty demand, denial of Modvat credit, penalty and interest were stated to be unsustainable where duty-paid inputs were used to manufacture exported medicaments and the credit was utilised in a revenue-neutral arrangement. The text notes that export goods and their inputs were eligible for reimbursement of duty, no double or multiple benefit was shown, and Rule 19(2) of the Central Excise Rules supported procurement of raw materials for export manufacture without payment of duty. The Commissioner's order was therefore set aside and consequential relief followed in favour of the assessee. Case-Laws Central Excise Fri, 12 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2645