Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2006 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2006 (1) TMI 129 - AT - Central ExciseThe appellants were treating their MODVAT account as one and using credit in that account for discharging duty liability for cotton and polyester verieties of yarn, irrespective from which source the MODVAT credit was obtained. It is not permissible to fragment if so as to restrict it only to particular lines of production. Such an allocation of credit, raw material-wise or final product-wise is not permitted by the rule. Nor it is practicable.
|