https://www.taxtmi.com/caselaws?id=53924 Modvat credit was held admissible where the supplier had paid duty on the drawn wire and had not claimed any refund, even though the broader question whether drawing wire from wire rod amounts to manufacture was disputed. On the established facts, the Tribunal found no infirmity in the recipients' credit claim because the duty-paid character of the input remained intact. In view of that entitlement, the Tribunal also waived pre-deposit of duty and penalty and stayed recovery pending disposal of the appeal. en-us Fri, 11 Mar 2005 00:00:00 +0530 Sat, 16 Oct 2010 09:57:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53924 Modvat credit was held admissible where the supplier had paid duty on the drawn wire and had not claimed any refund, even though the broader question whether drawing wire from wire rod amounts to manufacture was disputed. On the established facts, the Tribunal found no infirmity in the recipients' credit claim because the duty-paid character of the input remained intact. In view of that entitlement, the Tribunal also waived pre-deposit of duty and penalty and stayed recovery pending disposal of the appeal. Case-Laws Central Excise Fri, 11 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53924