https://www.taxtmi.com/caselaws?id=88252 Rule 57F allowed Modvat credit to be used not only for duty on the intended final product, but also for duty on scrap or waste arising during its manufacture, so the credit balance could be applied to scrap duty. A mere failure to file the declaration in the prescribed Rule 57G form was treated as a technical defect where the assessee had otherwise disclosed its intention in the classification list and by letter. On that basis, denial of Modvat credit and consequential duty recovery were held unsustainable. en-us Fri, 27 Dec 1996 00:00:00 +0530 Fri, 16 Sep 2011 14:59:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88252 Rule 57F allowed Modvat credit to be used not only for duty on the intended final product, but also for duty on scrap or waste arising during its manufacture, so the credit balance could be applied to scrap duty. A mere failure to file the declaration in the prescribed Rule 57G form was treated as a technical defect where the assessee had otherwise disclosed its intention in the classification list and by letter. On that basis, denial of Modvat credit and consequential duty recovery were held unsustainable. Case-Laws Central Excise Fri, 27 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88252