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    <title>2018 (8) TMI 1677 - MADRAS HIGH COURT</title>
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    <description>The Tribunal held that MODVAT Credit could be availed on inputs used in manufacturing exempted goods, following the Larger Bench decision. The High Court upheld the Tribunal&#039;s decision, emphasizing consistency in decisions and adherence to legal principles, dismissing the Revenue&#039;s appeal and ruling in favor of the assessee. The judgment clarified the availment of credits for exempted goods manufacturing, highlighting the significance of established precedents in tax matters.</description>
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      <description>The Tribunal held that MODVAT Credit could be availed on inputs used in manufacturing exempted goods, following the Larger Bench decision. The High Court upheld the Tribunal&#039;s decision, emphasizing consistency in decisions and adherence to legal principles, dismissing the Revenue&#039;s appeal and ruling in favor of the assessee. The judgment clarified the availment of credits for exempted goods manufacturing, highlighting the significance of established precedents in tax matters.</description>
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