https://www.taxtmi.com/caselaws?id=87599 Steel scrap cleared during the Modvat period was held dutiable where the assessee produced no documentary proof that it came from pre-Modvat stock or that it could not have been generated from inputs received after 1-3-1986, so the duty demand was upheld. Exemption under Notification No. 202/83 was denied because its proviso excluded goods arising from inputs on which credit had been taken, and the claim under Notification No. 69/87 failed for want of proof that the prescribed conditions were satisfied. The penalty was found excessive in light of the duty involved and was reduced. en-us Tue, 28 Oct 1997 00:00:00 +0530 Thu, 08 Sep 2011 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87599 Steel scrap cleared during the Modvat period was held dutiable where the assessee produced no documentary proof that it came from pre-Modvat stock or that it could not have been generated from inputs received after 1-3-1986, so the duty demand was upheld. Exemption under Notification No. 202/83 was denied because its proviso excluded goods arising from inputs on which credit had been taken, and the claim under Notification No. 69/87 failed for want of proof that the prescribed conditions were satisfied. The penalty was found excessive in light of the duty involved and was reduced. Case-Laws Central Excise Tue, 28 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87599