https://www.taxtmi.com/caselaws?id=81869 Deemed MODVAT credit on re-rollable material was held admissible where the input was used to manufacture wire, and that wire served as an essential intermediate product in making cement spun pipes. The applicable scheme under Rule 57G(2) and Rule 57D(2) treated the intermediate character of the wire as immaterial to credit entitlement. Credit could not be denied merely because the intermediate product was exempt from duty, so long as the input was used in relation to the manufacture of the final excisable goods. en-us Fri, 15 May 1992 00:00:00 +0530 Wed, 29 Jun 2011 14:52:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81869 Deemed MODVAT credit on re-rollable material was held admissible where the input was used to manufacture wire, and that wire served as an essential intermediate product in making cement spun pipes. The applicable scheme under Rule 57G(2) and Rule 57D(2) treated the intermediate character of the wire as immaterial to credit entitlement. Credit could not be denied merely because the intermediate product was exempt from duty, so long as the input was used in relation to the manufacture of the final excisable goods. Case-Laws Central Excise Fri, 15 May 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81869