https://www.taxtmi.com/caselaws?id=82963 Packaging materials are treated as inputs under Rule 57A where the Explanation expressly includes them, and HDPE bags used to pack cement qualified for Modvat credit because their value formed part of the assessable value of the final product. On that basis, credit could not be denied merely because the bags were used for packing and transport. Penalty was also unwarranted because the declaration under Rule 57G had been acknowledged and no procedural default was established. The disallowance of credit and the penalty were therefore set aside, with consequential relief granted. en-us Wed, 15 Dec 1993 00:00:00 +0530 Fri, 08 Jul 2011 15:12:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82963 Packaging materials are treated as inputs under Rule 57A where the Explanation expressly includes them, and HDPE bags used to pack cement qualified for Modvat credit because their value formed part of the assessable value of the final product. On that basis, credit could not be denied merely because the bags were used for packing and transport. Penalty was also unwarranted because the declaration under Rule 57G had been acknowledged and no procedural default was established. The disallowance of credit and the penalty were therefore set aside, with consequential relief granted. Case-Laws Central Excise Wed, 15 Dec 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82963