https://www.taxtmi.com/caselaws?id=288076 The Tribunal determined that Gravure Printing Cylinders (GPCs) are intermediate products in the manufacturing process of printed laminated plastic film, allowing Modvat credit for inputs used in their production. Citing previous decisions and legal interpretations, the Tribunal held that GPCs, when captively used in manufacturing, qualify as intermediate products. This decision clarifies the eligibility of duty paid on inputs for Modvat credit under Rule 57D(2), favoring the respondents' position and upholding the impugned order while rejecting the appeals. en-us Fri, 08 May 1998 00:00:00 +0530 Mon, 18 May 2020 14:25:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288076 The Tribunal determined that Gravure Printing Cylinders (GPCs) are intermediate products in the manufacturing process of printed laminated plastic film, allowing Modvat credit for inputs used in their production. Citing previous decisions and legal interpretations, the Tribunal held that GPCs, when captively used in manufacturing, qualify as intermediate products. This decision clarifies the eligibility of duty paid on inputs for Modvat credit under Rule 57D(2), favoring the respondents' position and upholding the impugned order while rejecting the appeals. Case-Laws Indian Laws Fri, 08 May 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288076