https://www.taxtmi.com/caselaws?id=82269 Modvat credit under Rule 57F(3) could be used to pay duty on steel ingots manufactured from a mix of duty-paid and non-duty-paid inputs, because the scheme does not require one-to-one correlation between particular inputs and the final product. Credit earned on duty-paid inputs was therefore not barred merely because some consignments of the same product were made using scrap received without duty or imported without countervailing duty. As the department did not establish that the ingots were produced exclusively from non-duty-paid scrap, the demand and penalty could not be sustained. en-us Wed, 25 Nov 1992 00:00:00 +0530 Mon, 04 Jul 2011 10:43:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82269 Modvat credit under Rule 57F(3) could be used to pay duty on steel ingots manufactured from a mix of duty-paid and non-duty-paid inputs, because the scheme does not require one-to-one correlation between particular inputs and the final product. Credit earned on duty-paid inputs was therefore not barred merely because some consignments of the same product were made using scrap received without duty or imported without countervailing duty. As the department did not establish that the ingots were produced exclusively from non-duty-paid scrap, the demand and penalty could not be sustained. Case-Laws Central Excise Wed, 25 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82269