https://www.taxtmi.com/caselaws?id=48766 Modvat credit on industrial cloth, wire mesh and endless felt used in the manufacture of paper and paper boards was held inadmissible because the point was already covered by a binding Larger Bench decision, later affirmed by the Patna HC. The Tribunal followed that authoritative precedent and did not take a different view on input eligibility. The issue was therefore decided against the assessee and in favour of the Revenue, with the appeal disposed of in line with the earlier binding ruling. en-us Mon, 14 Feb 2000 00:00:00 +0530 Fri, 06 Aug 2010 13:48:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48766 Modvat credit on industrial cloth, wire mesh and endless felt used in the manufacture of paper and paper boards was held inadmissible because the point was already covered by a binding Larger Bench decision, later affirmed by the Patna HC. The Tribunal followed that authoritative precedent and did not take a different view on input eligibility. The issue was therefore decided against the assessee and in favour of the Revenue, with the appeal disposed of in line with the earlier binding ruling. Case-Laws Central Excise Mon, 14 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48766