https://www.taxtmi.com/caselaws?id=86153 Waste arising during manufacture could not be cleared duty-free under Notification No. 53/88 where Modvat credit had been taken on the inputs and remained unreversed. For excise purposes, inputs covered by Modvat are treated as not duty paid in the ordinary sense, so the notification's condition requiring prior duty payment was not satisfied merely because the inputs had earlier borne duty before credit was availed. The exemption was available only if the Modvat credit attributable to the inputs contained in the waste was reversed; without such reversal, duty-free clearance was not admissible. en-us Thu, 03 Oct 1996 00:00:00 +0530 Wed, 10 Aug 2011 15:13:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86153 Waste arising during manufacture could not be cleared duty-free under Notification No. 53/88 where Modvat credit had been taken on the inputs and remained unreversed. For excise purposes, inputs covered by Modvat are treated as not duty paid in the ordinary sense, so the notification's condition requiring prior duty payment was not satisfied merely because the inputs had earlier borne duty before credit was availed. The exemption was available only if the Modvat credit attributable to the inputs contained in the waste was reversed; without such reversal, duty-free clearance was not admissible. Case-Laws Central Excise Thu, 03 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86153