https://www.taxtmi.com/caselaws?id=51412 Processed fabrics cleared under Notification No. 47/94 pursuant to the export-in-bond procedure under Rule 13 were treated as dutiable goods, not exempted final products, so inputs used in their manufacture remained eligible for deemed Modvat credit under Rule 57A. Because the clearance was under a special export procedure and not by way of duty exemption under Rule 8 or Section 5A, the bar in Rule 57C did not apply, and a departmental circular could not displace that legal position. The result was that Modvat credit could not be denied on that basis. en-us Tue, 05 Feb 2002 00:00:00 +0530 Fri, 24 Sep 2010 16:13:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51412 Processed fabrics cleared under Notification No. 47/94 pursuant to the export-in-bond procedure under Rule 13 were treated as dutiable goods, not exempted final products, so inputs used in their manufacture remained eligible for deemed Modvat credit under Rule 57A. Because the clearance was under a special export procedure and not by way of duty exemption under Rule 8 or Section 5A, the bar in Rule 57C did not apply, and a departmental circular could not displace that legal position. The result was that Modvat credit could not be denied on that basis. Case-Laws Central Excise Tue, 05 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51412