https://www.taxtmi.com/caselaws?id=91746 Modvat credit was available only where the input was used in, or in relation to, manufacture of the final product; mere receipt under duty-paying documents was insufficient. Here, the input was a volatile substance that evaporated during storage before any use in manufacture, and there was no finding that it had entered the production process. Rule 57D did not apply because the loss occurred in storage, not as waste or by-product arising in manufacture. The claim to Modvat credit was therefore not admissible and was rejected. en-us Fri, 05 Mar 1999 00:00:00 +0530 Thu, 20 Oct 2011 16:28:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91746 Modvat credit was available only where the input was used in, or in relation to, manufacture of the final product; mere receipt under duty-paying documents was insufficient. Here, the input was a volatile substance that evaporated during storage before any use in manufacture, and there was no finding that it had entered the production process. Rule 57D did not apply because the loss occurred in storage, not as waste or by-product arising in manufacture. The claim to Modvat credit was therefore not admissible and was rejected. Case-Laws Central Excise Fri, 05 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91746