https://www.taxtmi.com/caselaws?id=89194 Modvat credit on glass bottles could not be denied merely because part of the inputs became waste, refuse or scrap during manufacture; Rule 57D(1) protected credit on inputs even where the unutilised or damaged portion arose in the manufacturing process, and the assessee succeeded on this issue. The extended period of limitation was also unavailable because suppression or misstatement was not established, as the excise record already reflected production and loss figures and the alleged wastage was not newly discovered before the notices; the demand was therefore time-barred. en-us Wed, 09 Sep 1998 00:00:00 +0530 Sat, 24 Sep 2011 10:25:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89194 Modvat credit on glass bottles could not be denied merely because part of the inputs became waste, refuse or scrap during manufacture; Rule 57D(1) protected credit on inputs even where the unutilised or damaged portion arose in the manufacturing process, and the assessee succeeded on this issue. The extended period of limitation was also unavailable because suppression or misstatement was not established, as the excise record already reflected production and loss figures and the alleged wastage was not newly discovered before the notices; the demand was therefore time-barred. Case-Laws Central Excise Wed, 09 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89194