2005 (3) TMI 355

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....r (T) (Oral)]. - The appellants manufactured Castings. They took Modvat credit on the inputs received for that purpose. Part of the Castings produced is captively used and the remaining sold in the market. The captively consumed castings are exempt from duty. Issue has arisen as to what is the action required to be taken in respect of the credits taken on the inputs used in the production of capti....