https://www.taxtmi.com/caselaws?id=86392 Modvat credit on pig iron used to make disc/cap was admissible where the disc/cap was only an intermediate product captively consumed in the manufacture of ceramic insulators cleared on payment of duty. Rule 57C did not bar credit because the intermediate product was used in producing dutiable final products, and Rule 57D(2) applied to preserve the credit entitlement. The article states that the assessee was entitled to Modvat credit on the duty paid on pig iron. en-us Wed, 05 Feb 1997 00:00:00 +0530 Wed, 24 Aug 2011 15:22:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86392 Modvat credit on pig iron used to make disc/cap was admissible where the disc/cap was only an intermediate product captively consumed in the manufacture of ceramic insulators cleared on payment of duty. Rule 57C did not bar credit because the intermediate product was used in producing dutiable final products, and Rule 57D(2) applied to preserve the credit entitlement. The article states that the assessee was entitled to Modvat credit on the duty paid on pig iron. Case-Laws Central Excise Wed, 05 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86392