https://www.taxtmi.com/caselaws?id=92798 Waste and scrap of PVC floor coverings cleared at nil rate of duty were treated as eligible for Notification No. 53/88, because a nil-rate clearance under the exemption structure was regarded as satisfying the duty-paid condition for the notification. The Tribunal also held that inputs on which Modvat credit had been availed retained their duty-paid character, so the credit mechanism did not by itself defeat exemption entitlement. On both issues, the exemption benefit was available to the assessee and the Revenue's challenge failed. en-us Tue, 09 Nov 1999 00:00:00 +0530 Sat, 05 Nov 2011 11:45:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92798 Waste and scrap of PVC floor coverings cleared at nil rate of duty were treated as eligible for Notification No. 53/88, because a nil-rate clearance under the exemption structure was regarded as satisfying the duty-paid condition for the notification. The Tribunal also held that inputs on which Modvat credit had been availed retained their duty-paid character, so the credit mechanism did not by itself defeat exemption entitlement. On both issues, the exemption benefit was available to the assessee and the Revenue's challenge failed. Case-Laws Central Excise Tue, 09 Nov 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92798