Classification as articles of vulcanized rubber enables input exemption and Modvat credit for foam rubber railway pads. Foam rubber lubricating pads supplied to railways are classifiable as articles of vulcanized rubber under sub heading 4016.11, while the cellular neoprene rubber core is classifiable under sub heading 4008.11. Inputs under 4008.11 used in the factory to manufacture 4016.11 goods remain exempt from duty, and where duty is paid on such inputs the duty paid is available as Modvat credit against the duty on the final product.
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Classification as articles of vulcanized rubber enables input exemption and Modvat credit for foam rubber railway pads.
Foam rubber lubricating pads supplied to railways are classifiable as articles of vulcanized rubber under sub heading 4016.11, while the cellular neoprene rubber core is classifiable under sub heading 4008.11. Inputs under 4008.11 used in the factory to manufacture 4016.11 goods remain exempt from duty, and where duty is paid on such inputs the duty paid is available as Modvat credit against the duty on the final product.
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