https://www.taxtmi.com/caselaws?id=53649 Modvat credit could not be denied where inputs were used to manufacture capital goods that were subsequently used in the manufacture of dutiable final products. Rule 57D was applied to protect credit from denial or variation when the inputs went into capital goods that were not themselves chargeable to duty, and the provision was treated as unambiguous. The fact that those capital goods were used in making dutiable final products meant the assessee's credit remained admissible, and denial on the ground that the capital goods were exempt or non-dutiable was rejected. en-us Mon, 20 Dec 2004 00:00:00 +0530 Thu, 14 Oct 2010 14:10:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53649 Modvat credit could not be denied where inputs were used to manufacture capital goods that were subsequently used in the manufacture of dutiable final products. Rule 57D was applied to protect credit from denial or variation when the inputs went into capital goods that were not themselves chargeable to duty, and the provision was treated as unambiguous. The fact that those capital goods were used in making dutiable final products meant the assessee's credit remained admissible, and denial on the ground that the capital goods were exempt or non-dutiable was rejected. Case-Laws Central Excise Mon, 20 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53649