https://www.taxtmi.com/caselaws?id=50448 Reversal of Modvat credit on inputs used in manufacturing exempted final products preserved eligibility for exemption under Notification No. 71/68. Applying the principle from Chandrapur Magnet Wires, the Tribunal held that once the credit was reversed, the assessee could still claim the notification benefit. It did not examine marketability on the merits, and the record also showed that the assessee later obtained the same benefit in the Collector's orders on the identical issue. en-us Fri, 23 Feb 2001 00:00:00 +0530 Sat, 21 Aug 2010 17:51:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50448 Reversal of Modvat credit on inputs used in manufacturing exempted final products preserved eligibility for exemption under Notification No. 71/68. Applying the principle from Chandrapur Magnet Wires, the Tribunal held that once the credit was reversed, the assessee could still claim the notification benefit. It did not examine marketability on the merits, and the record also showed that the assessee later obtained the same benefit in the Collector's orders on the identical issue. Case-Laws Central Excise Fri, 23 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50448