Modvat credit admissibility on raw materials used to produce packing material affirmed, earlier denial withdrawn Admissibility of modvat credit on raw materials used to manufacture packing material is recognised; pending disputes must be decided in line with the Larger Bench decision in M/s. Ashwini Vanaspati Ltd., the Board accepts that packing material includes both ready-to-use containers and the raw inputs used to make them, and Circular No. 10/90-CX.8 dated 13.2.90 is withdrawn.
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Modvat credit admissibility on raw materials used to produce packing material affirmed, earlier denial withdrawn
Admissibility of modvat credit on raw materials used to manufacture packing material is recognised; pending disputes must be decided in line with the Larger Bench decision in M/s. Ashwini Vanaspati Ltd., the Board accepts that packing material includes both ready-to-use containers and the raw inputs used to make them, and Circular No. 10/90-CX.8 dated 13.2.90 is withdrawn.
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