https://www.taxtmi.com/caselaws?id=54303 Modvat/Cenvat credit on molasses was available where the input was ordinarily used in manufacturing both dutiable and exempted products, even though during the disputed periods only exempted products were cleared and the prescribed amount under Rule 57CC(1)/Rule 57AD was paid. The rules did not require each clearance of exempted goods to be matched by a simultaneous clearance of dutiable goods, and the absence of a one-to-one correlation between input and final product did not defeat credit entitlement. Because the assessee's distillery division produced both categories in the relevant years, the credit could be retained and the demand for reversal failed. en-us Thu, 10 Feb 2005 00:00:00 +0530 Tue, 19 Oct 2010 12:51:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54303 Modvat/Cenvat credit on molasses was available where the input was ordinarily used in manufacturing both dutiable and exempted products, even though during the disputed periods only exempted products were cleared and the prescribed amount under Rule 57CC(1)/Rule 57AD was paid. The rules did not require each clearance of exempted goods to be matched by a simultaneous clearance of dutiable goods, and the absence of a one-to-one correlation between input and final product did not defeat credit entitlement. Because the assessee's distillery division produced both categories in the relevant years, the credit could be retained and the demand for reversal failed. Case-Laws Central Excise Thu, 10 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54303