https://www.taxtmi.com/caselaws?id=299432 The Tribunal allowed the appeal, permitting a company to use accumulated Modvat credit on Additional Excise Duty (AED) towards payment of Basic Excise Duty (BED) or AED on any final product manufactured in their factory. The decision was based on the interpretation of Rule 57F (12) and previous case law, establishing that AED credit can be utilized for BED payment on final products, ensuring compliance with the rule's enacting clause. en-us Thu, 08 Nov 2001 00:00:00 +0530 Tue, 14 Dec 2021 15:31:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299432 The Tribunal allowed the appeal, permitting a company to use accumulated Modvat credit on Additional Excise Duty (AED) towards payment of Basic Excise Duty (BED) or AED on any final product manufactured in their factory. The decision was based on the interpretation of Rule 57F (12) and previous case law, establishing that AED credit can be utilized for BED payment on final products, ensuring compliance with the rule's enacting clause. Case-Laws Central Excise Thu, 08 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299432