https://www.taxtmi.com/caselaws?id=91988 Deemed credit under the Modvat scheme was confined to inputs that had actually suffered duty and could not be claimed for old, used iron and steel scrap clearly recognisable as non-duty paid or as goods not liable to central excise duty. The scrap described as discarded household utensils, cycle parts, agricultural implements and similar bazar scrap obtained from the market or kabaris was outside the intended scope of Rule 57G(2). The scheme was designed to dispense with duty-paying documents where duty had in fact been paid, not to treat non-excisable or nil-duty material as duty-paid inputs. en-us Fri, 07 Mar 1997 00:00:00 +0530 Sat, 22 Oct 2011 13:21:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91988 Deemed credit under the Modvat scheme was confined to inputs that had actually suffered duty and could not be claimed for old, used iron and steel scrap clearly recognisable as non-duty paid or as goods not liable to central excise duty. The scrap described as discarded household utensils, cycle parts, agricultural implements and similar bazar scrap obtained from the market or kabaris was outside the intended scope of Rule 57G(2). The scheme was designed to dispense with duty-paying documents where duty had in fact been paid, not to treat non-excisable or nil-duty material as duty-paid inputs. Case-Laws Central Excise Fri, 07 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91988