https://www.taxtmi.com/caselaws?id=192923 The appeal was allowed in a case concerning the denial of CENVAT credit, demand for a specific amount with interest, and penalty imposition. The appellant, engaged in job work, argued that duty-paid items provided for job work should not render the manufactured products exempted. Relying on a Larger Bench decision in the Sterlite Industries case, it was held that MODVAT credit is not affected by Rule 57C provisions. The appeal was allowed based on similar facts, setting aside the impugned order and granting consequential relief to the appellants. The judgment underscores the importance of understanding job work nature, duty payment, and MODVAT credit applicability in tax matters. en-us Thu, 22 Jan 2015 00:00:00 +0530 Tue, 04 Jul 2017 07:19:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192923 The appeal was allowed in a case concerning the denial of CENVAT credit, demand for a specific amount with interest, and penalty imposition. The appellant, engaged in job work, argued that duty-paid items provided for job work should not render the manufactured products exempted. Relying on a Larger Bench decision in the Sterlite Industries case, it was held that MODVAT credit is not affected by Rule 57C provisions. The appeal was allowed based on similar facts, setting aside the impugned order and granting consequential relief to the appellants. The judgment underscores the importance of understanding job work nature, duty payment, and MODVAT credit applicability in tax matters. Case-Laws Central Excise Thu, 22 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192923