2011 (8) TMI 1074 - HC - Central Excise

MODVAT credit - Whether the CESTAT is right in allowing modvat credit of duty paid on inputs Furnace Oil/LSHS used in the manufacture of exempted final products? - Held that - the issue stands decided in the case of The Commissioner of Central Excise Tirunelveli v. M/s. Rajapalayam Mills Ltd. Rajapalayam & Another in CMA No. 3442 of 2005 dated 28-4-2009 - following the same credit is allowed - appeal dismissed - decided against Revenue.

Summary

The Madras High Court dismissed the appeal regarding modvat credit for duty paid on inputs used in the manufacture of exempted final products, citing a previous judgment in favor of the taxpayer. (Citation: 2011 (8) TMI 1074 - MADRAS HIGH COURT)