https://www.taxtmi.com/caselaws?id=83267 Cutting thermal insulation blocks into smaller sizes to satisfy customer specifications and make the product marketable was treated as a further process of manufacture, because marketability remained a relevant test in determining when manufacture was complete. Waste generated during that cutting process was regarded as waste arising in the course of manufacture and therefore fell within Rule 57D(1). On that basis, denial of Modvat credit on the destroyed waste was not justified. en-us Tue, 24 May 1994 00:00:00 +0530 Tue, 12 Jul 2011 12:35:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83267 Cutting thermal insulation blocks into smaller sizes to satisfy customer specifications and make the product marketable was treated as a further process of manufacture, because marketability remained a relevant test in determining when manufacture was complete. Waste generated during that cutting process was regarded as waste arising in the course of manufacture and therefore fell within Rule 57D(1). On that basis, denial of Modvat credit on the destroyed waste was not justified. Case-Laws Central Excise Tue, 24 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83267