https://www.taxtmi.com/caselaws?id=91124 In a job-work arrangement under Rule 57F(2), duty on floor plates manufactured by the appellant and returned to TELCO was treated as revenue-neutral because TELCO was entitled to Modvat credit on the duty paid, including any differential duty. On that basis, the duty burden would merely circulate as credit without causing real loss to revenue. The document states that this revenue-neutrality justified unconditional stay of recovery and waiver of pre-deposit. en-us Thu, 22 Jan 1998 00:00:00 +0530 Thu, 13 Oct 2011 19:00:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91124 In a job-work arrangement under Rule 57F(2), duty on floor plates manufactured by the appellant and returned to TELCO was treated as revenue-neutral because TELCO was entitled to Modvat credit on the duty paid, including any differential duty. On that basis, the duty burden would merely circulate as credit without causing real loss to revenue. The document states that this revenue-neutrality justified unconditional stay of recovery and waiver of pre-deposit. Case-Laws Central Excise Thu, 22 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91124