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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Defective Plastic Sheets from Misprints Classified as Waste Under CET Heading 39.15; MODVAT Credit Adjustment Not Allowed per Rule 57D.</h1> The circular addresses the classification of waste generated from misprinting, improper lamination, and wrong sealing of printed plastic articles in rolls and pouches. It clarifies that such defective plastic sheets and pouches, unfit for their intended use, should be classified as waste under Heading 39.15 of the Central Excise Tariff (CET). The document advises that MODVAT credit should not be adjusted for waste, as per Rule 57D of the Central Excise Rules. Assessing officers must verify the nature of the waste to prevent misuse, and pending assessments should be finalized accordingly.
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