https://www.taxtmi.com/caselaws?id=182887 Modvat credit on inputs used in goods exported under bond could not be denied merely because the final goods were treated as exempted or non-dutiable. Rule 57F(13) protected the credit in export situations, and the interaction of Rule 57C and Rule 57CC could not be applied to defeat the export incentive. The document notes that export policy under the Central Excise Rules, 1944 supports relief from domestic levy for exported goods and the inputs used in them, whether export is under bond, rebate, or drawback arrangements. On that basis, denial of credit was unsustainable and the input credit remained allowable. en-us Mon, 18 Nov 2002 00:00:00 +0530 Sat, 21 May 2016 17:46:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182887 Modvat credit on inputs used in goods exported under bond could not be denied merely because the final goods were treated as exempted or non-dutiable. Rule 57F(13) protected the credit in export situations, and the interaction of Rule 57C and Rule 57CC could not be applied to defeat the export incentive. The document notes that export policy under the Central Excise Rules, 1944 supports relief from domestic levy for exported goods and the inputs used in them, whether export is under bond, rebate, or drawback arrangements. On that basis, denial of credit was unsustainable and the input credit remained allowable. Case-Laws Central Excise Mon, 18 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182887