2001 (10) TMI 101 - HC - Central Excise

Summary

The High Court of Judicature for Rajasthan at Jodhpur ruled that Ammonium Nitrate and Fuel Oil (ANFO) used as explosives in mines for obtaining limestone, which is then used in cement manufacturing, can be considered as "inputs" eligible for Modvat credit. The decision was based on the precedent set by the Apex Court in M/s. Jaypee Rewa Cement v. Commissioner of Central Excise, M.P. The Court upheld the Tribunal's decision in favor of the assessee.