https://www.taxtmi.com/caselaws?id=87714 Modvat credit on duty-paid inputs used to manufacture carbon electrodes was admissible where the electrodes were captively consumed in making the final excisable product, because the electrodes formed an intermediate product in the manufacturing stream. Rule 57C did not apply on those facts, and the claim fell within Rule 57D(2), which preserves credit when inputs are used in the course of manufacture of intermediate goods. A contrary authority was distinguished as involving goods not participating as intermediate products in the manufacturing process. en-us Wed, 07 Jan 1998 00:00:00 +0530 Thu, 08 Sep 2011 17:54:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87714 Modvat credit on duty-paid inputs used to manufacture carbon electrodes was admissible where the electrodes were captively consumed in making the final excisable product, because the electrodes formed an intermediate product in the manufacturing stream. Rule 57C did not apply on those facts, and the claim fell within Rule 57D(2), which preserves credit when inputs are used in the course of manufacture of intermediate goods. A contrary authority was distinguished as involving goods not participating as intermediate products in the manufacturing process. Case-Laws Central Excise Wed, 07 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87714