Clearance of zinc scrap permitted for reprocessing into ingots and return to manufacture where input tax credit was availed. Permission is granted for clearance of zinc waste and scrap arising from inputs on which Modvat credit is availed under Rule 57F(2), allowing such scrap ... Summary
Clearance of zinc scrap permitted for reprocessing into ingots and return to manufacture where input tax credit was availed.
Permission is granted for clearance of zinc waste and scrap arising from inputs on which Modvat credit is availed under Rule 57F(2), allowing such scrap to be reprocessed into zinc ingots and returned for further manufacture, applying earlier aluminium-scrap instructions mutatis mutandis.
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