https://www.taxtmi.com/caselaws?id=88183 Rule 57D(1) protects Modvat credit where waste, refuse or a product arises during manufacture of the final product. The phrase "during the manufacture" is treated broadly to cover waste generated at any stage of the manufacturing process, because manufacture may occur over several stages rather than instantaneously. On that basis, credit cannot be denied merely because a portion of the inputs used in pharmaceutical production became waste in the course of manufacture, and the assessee remains entitled to the credit. en-us Tue, 10 Mar 1998 00:00:00 +0530 Thu, 15 Sep 2011 16:42:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88183 Rule 57D(1) protects Modvat credit where waste, refuse or a product arises during manufacture of the final product. The phrase "during the manufacture" is treated broadly to cover waste generated at any stage of the manufacturing process, because manufacture may occur over several stages rather than instantaneously. On that basis, credit cannot be denied merely because a portion of the inputs used in pharmaceutical production became waste in the course of manufacture, and the assessee remains entitled to the credit. Case-Laws Central Excise Tue, 10 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88183