https://www.taxtmi.com/caselaws?id=85470 Modvat credit on sulphuric acid could not be denied merely because the input emerged in the manufacturing process as spent sulphuric acid, a by-product or waste product. The applicable rule protected inputs used in manufacture, and the distinction between an input being used and being fully exhausted was material. Where the acid was used in the process and only the residue or emergent product remained, credit remained admissible. The Revenue's challenge therefore failed. en-us Thu, 23 May 1996 00:00:00 +0530 Fri, 05 Aug 2011 12:15:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85470 Modvat credit on sulphuric acid could not be denied merely because the input emerged in the manufacturing process as spent sulphuric acid, a by-product or waste product. The applicable rule protected inputs used in manufacture, and the distinction between an input being used and being fully exhausted was material. Where the acid was used in the process and only the residue or emergent product remained, credit remained admissible. The Revenue's challenge therefore failed. Case-Laws Central Excise Thu, 23 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85470