https://www.taxtmi.com/caselaws?id=87686 Modvat credit on duty paid metal containers used for packing fruit juice is available where the packaging cost formed part of the assessable value in the preceding financial year and no packaging exemption was actually being availed during the relevant period. Rule 57A excludes credit only where the packaging materials were not included in the earlier assessable value, or where an exemption to the extent of duty on such packaging materials is in fact being taken. On the stated facts, neither exclusion clause (ii) nor clause (iii) applied, and the demand treating the credit as inadmissible was unsustainable. en-us Wed, 10 Dec 1997 00:00:00 +0530 Thu, 08 Sep 2011 16:14:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87686 Modvat credit on duty paid metal containers used for packing fruit juice is available where the packaging cost formed part of the assessable value in the preceding financial year and no packaging exemption was actually being availed during the relevant period. Rule 57A excludes credit only where the packaging materials were not included in the earlier assessable value, or where an exemption to the extent of duty on such packaging materials is in fact being taken. On the stated facts, neither exclusion clause (ii) nor clause (iii) applied, and the demand treating the credit as inadmissible was unsustainable. Case-Laws Central Excise Wed, 10 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87686