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2023 (9) TMI 451 - AT - Central ExciseInoperability of CENVAT credit in relation to ‘job work’ - coverage by scheme for discharge duties of central excise at the final stage of manufacture by the principal as set out in notification no. 214/86-CE dated 25th March 1986 - Exempt goods or not - HELD THAT:- The Larger Bench of the Tribunal has, in STERLITE INDUSTRIES (I) LTD. VERSUS COMMISSIONER OF CENTRAL EXCISE, PUNE [2004 (12) TMI 108 - CESTAT, MUMBAI], held that Modvat credit of duty paid on the inputs used in the manufacture of final product cleared without payment of duty for further utilisation in the manufacture of final product, which are cleared on payment of duty by the principal manufacturer, would not be hit by provision of Rule 57C. The impugned order is contrary to settled law and must be set aside - Appeal allowed.
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