https://www.taxtmi.com/caselaws?id=91538 Rule 57D(1) protected Modvat credit where inputs were used in the manufacture of the final product, and credit could not be denied merely because part of the input ended up in waste, refuse or a by-product. Oleum was used in manufacturing the final product, and Spent Acid was treated as refuse or scum rather than a by-product. The departmental instruction did not displace Rule 57D, and the cited High Court view supported the assessee. Reversal of Modvat credit was therefore not warranted. en-us Mon, 10 Feb 1997 00:00:00 +0530 Wed, 19 Oct 2011 10:30:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91538 Rule 57D(1) protected Modvat credit where inputs were used in the manufacture of the final product, and credit could not be denied merely because part of the input ended up in waste, refuse or a by-product. Oleum was used in manufacturing the final product, and Spent Acid was treated as refuse or scum rather than a by-product. The departmental instruction did not displace Rule 57D, and the cited High Court view supported the assessee. Reversal of Modvat credit was therefore not warranted. Case-Laws Central Excise Mon, 10 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91538