9911796707
TMI Blog2003 (6) TMI 368X X X X Extracts X X X X X X X X Extracts X X X X ..... this appeal against the Order-in-appeal passed by the Commissioner (Appeals) whereby the Commissioner (Appeals) allowed the credit on the inputs used in the final product which is washed away in the flood. 2. Heard both sides. 3. The brief facts of the case that the respondents are engaged in the manufacture of chemicals and were availing the benefit of Modvat credit in respect of inputs used ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... which is washed away floods. 5. The contention of the Revenue is that as per Rule 57C of the Central Excise Rules, 1944, no credit of duty paid on inputs used in the manufacture of final product, can be allowed if the final product is exempted from the whole of the duty or is chargeable to nil rate of duty. In the present case there is no dispute that inputs were used in the manufacture of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ld not be correct to say that in that situation, the input has not been used in relation to the manufacture of final product. In the present case, the input was intended to be used in the manufacture of final product and used in relation to such manufacture. The inputs contained in the semi-finished goods, therefore had been used in the manner provided by law. There was therefore no reason why cre ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
