https://www.taxtmi.com/caselaws?id=184661 Modvat credit on L.P.G., L.D.O. and other inputs used by a job worker in manufacturing automotive gears was treated as allowable where the goods were processed as intermediate products for return under the job-work scheme. The note explains that Rule 57C does not apply merely because the processed goods are cleared under Rule 57F(4) or Notification No. 214/86-CE; it applies only where the assessee clears its own exempt final product. Earlier Tribunal reasoning was followed to confirm that credit should not be denied mechanically in a common manufacturing process involving both own production and job work, and the denial of credit was therefore unsustainable. en-us Wed, 12 Mar 2003 00:00:00 +0530 Fri, 15 Jul 2016 16:59:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184661 Modvat credit on L.P.G., L.D.O. and other inputs used by a job worker in manufacturing automotive gears was treated as allowable where the goods were processed as intermediate products for return under the job-work scheme. The note explains that Rule 57C does not apply merely because the processed goods are cleared under Rule 57F(4) or Notification No. 214/86-CE; it applies only where the assessee clears its own exempt final product. Earlier Tribunal reasoning was followed to confirm that credit should not be denied mechanically in a common manufacturing process involving both own production and job work, and the denial of credit was therefore unsustainable. Case-Laws Central Excise Wed, 12 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184661