https://www.taxtmi.com/caselaws?id=78427 Modvat credit is protected where waste, refuse or exempt by-products arise during manufacture and the inputs are used for the principal dutiable products. The text explains that zinc residue, lead slag, beta cake and waltz kiln slag generated in the manufacturing process did not justify denial or proportionate reversal of credit merely because part of the inputs was contained in those by-products or because the by-products were exempt. Rule 57D(1) of the Central Excise Rules, 1944 was treated as preserving the credit position, and the earlier Tribunal reasoning in the assessee's own matter was followed; the contrary cases were distinguished on facts. en-us Wed, 09 Dec 2009 00:00:00 +0530 Mon, 15 Nov 2010 11:50:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78427 Modvat credit is protected where waste, refuse or exempt by-products arise during manufacture and the inputs are used for the principal dutiable products. The text explains that zinc residue, lead slag, beta cake and waltz kiln slag generated in the manufacturing process did not justify denial or proportionate reversal of credit merely because part of the inputs was contained in those by-products or because the by-products were exempt. Rule 57D(1) of the Central Excise Rules, 1944 was treated as preserving the credit position, and the earlier Tribunal reasoning in the assessee's own matter was followed; the contrary cases were distinguished on facts. Case-Laws Central Excise Wed, 09 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78427