https://www.taxtmi.com/caselaws?id=81732 Plastic waste and scrap arising during manufacture, cleared at nil rate, were treated as waste or by-products and not as the final product. Rule 57C applies only where the final product is chargeable to nil duty, while Rule 57D preserves Modvat credit when inputs are contained in by-products or waste. Because the cleared material was not the final product, the credit taken on inputs could not be reduced or denied merely because part of those inputs appeared in the waste. Rule 57C was therefore inapplicable, and reversal of Modvat credit was not required. en-us Mon, 30 Sep 1991 00:00:00 +0530 Tue, 28 Jun 2011 15:29:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81732 Plastic waste and scrap arising during manufacture, cleared at nil rate, were treated as waste or by-products and not as the final product. Rule 57C applies only where the final product is chargeable to nil duty, while Rule 57D preserves Modvat credit when inputs are contained in by-products or waste. Because the cleared material was not the final product, the credit taken on inputs could not be reduced or denied merely because part of those inputs appeared in the waste. Rule 57C was therefore inapplicable, and reversal of Modvat credit was not required. Case-Laws Central Excise Mon, 30 Sep 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81732