https://www.taxtmi.com/caselaws?id=85892 A usable and stable trichloroethylene taken out of the manufacturing stream for cleaning barrels, and later returned to the process, retained its identity as excisable goods and was therefore liable to duty. Modvat credit on the same material was treated as admissible only if the assessee could establish, on departmental verification, that it was used in or in relation to manufacture of the final product. The company's penalty was sustained but reduced on the facts, and the separate penalty on the Sr. Vice President was set aside as unnecessary once the company had already been penalised for the same matter. en-us Tue, 11 Jun 1996 00:00:00 +0530 Mon, 08 Aug 2011 17:28:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85892 A usable and stable trichloroethylene taken out of the manufacturing stream for cleaning barrels, and later returned to the process, retained its identity as excisable goods and was therefore liable to duty. Modvat credit on the same material was treated as admissible only if the assessee could establish, on departmental verification, that it was used in or in relation to manufacture of the final product. The company's penalty was sustained but reduced on the facts, and the separate penalty on the Sr. Vice President was set aside as unnecessary once the company had already been penalised for the same matter. Case-Laws Central Excise Tue, 11 Jun 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85892