https://www.taxtmi.com/caselaws?id=74904 Metal containers used as packing materials were held ineligible for MODVAT credit where their cost had been excluded from the assessable value of the final product under the relevant exemption and valuation provisions. The Explanation to Rule 57A was read to treat packing materials as inputs only within its specified limits, and the exclusion clauses were construed harmoniously to cover cases where no duty had effectively suffered on the packing value because it was kept out of assessable value under an exemption notification or Section 4 valuation. On that basis, the credit claim was rejected and reversal of credit was upheld. en-us Mon, 13 Mar 1989 00:00:00 +0530 Mon, 13 Jun 2011 12:15:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74904 Metal containers used as packing materials were held ineligible for MODVAT credit where their cost had been excluded from the assessable value of the final product under the relevant exemption and valuation provisions. The Explanation to Rule 57A was read to treat packing materials as inputs only within its specified limits, and the exclusion clauses were construed harmoniously to cover cases where no duty had effectively suffered on the packing value because it was kept out of assessable value under an exemption notification or Section 4 valuation. On that basis, the credit claim was rejected and reversal of credit was upheld. Case-Laws Central Excise Mon, 13 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74904