https://www.taxtmi.com/caselaws?id=51472 Modvat credit on LPG used as fuel in manufacture was treated as admissible even where some final products were cleared without payment of duty. The statutory scheme under Rule 57C and Rule 57CC was read with their express fuel exclusion, so credit on fuel-based inputs did not have to be reversed merely because part of the output was exempt or cleared duty-free. The Tribunal followed its earlier view that no amount equal to a percentage of the exempted goods' price was recoverable in respect of such fuel use, and the assessee was entitled to retain the credit. en-us Mon, 04 Mar 2002 00:00:00 +0530 Sat, 25 Sep 2010 09:53:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51472 Modvat credit on LPG used as fuel in manufacture was treated as admissible even where some final products were cleared without payment of duty. The statutory scheme under Rule 57C and Rule 57CC was read with their express fuel exclusion, so credit on fuel-based inputs did not have to be reversed merely because part of the output was exempt or cleared duty-free. The Tribunal followed its earlier view that no amount equal to a percentage of the exempted goods' price was recoverable in respect of such fuel use, and the assessee was entitled to retain the credit. Case-Laws Central Excise Mon, 04 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51472