https://www.taxtmi.com/caselaws?id=194354 Rule 57C of the Central Excise Rules, 1944 bars Modvat credit where the final product is exempt from the whole of duty or liable to nil duty. As the final product was cleared without payment of duty under Notification No. 191/87 and Chapter X procedure, it was treated as exempted for this purpose. The cited precedent applying Rule 57C to such clearances was followed, and the contrary rule framework relied on by the assessee was held inapplicable. Modvat credit on the inputs was therefore not admissible, and disallowance of the credit was upheld. en-us Mon, 11 Jan 2016 00:00:00 +0530 Tue, 05 Sep 2017 18:11:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194354 Rule 57C of the Central Excise Rules, 1944 bars Modvat credit where the final product is exempt from the whole of duty or liable to nil duty. As the final product was cleared without payment of duty under Notification No. 191/87 and Chapter X procedure, it was treated as exempted for this purpose. The cited precedent applying Rule 57C to such clearances was followed, and the contrary rule framework relied on by the assessee was held inapplicable. Modvat credit on the inputs was therefore not admissible, and disallowance of the credit was upheld. Case-Laws Central Excise Mon, 11 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194354