https://www.taxtmi.com/caselaws?id=86392 Modvat credit was available on pig iron used to manufacture disc/cap, an intermediate product captively consumed in producing ceramic insulators cleared on payment of duty. Because the ceramic insulators were dutiable final products, the restriction under Rule 57C did not apply. Rule 57D(2) preserved credit where the intermediate product was used in manufacturing dutiable final goods, entitling the assessee to credit of 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 was available on pig iron used to manufacture disc/cap, an intermediate product captively consumed in producing ceramic insulators cleared on payment of duty. Because the ceramic insulators were dutiable final products, the restriction under Rule 57C did not apply. Rule 57D(2) preserved credit where the intermediate product was used in manufacturing dutiable final goods, entitling the assessee to credit of duty paid on pig iron. Case-Laws Central Excise Wed, 05 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86392