https://www.taxtmi.com/caselaws?id=92989 Ferrous waste and scrap arising during manufacture of metal containers did not qualify for exemption under Notification No. 171/88-C.E. because the notification required that no Modvat credit be taken under Rule 56A or Rule 57A, and credit had admittedly been availed on the steel sheets from which the scrap arose. The scrap was therefore treated as arising from Chapter 72 goods, and the alternative characterisation as scrap arising from metal containers could not be used to bypass the credit bar. The exemption was accordingly unavailable and the claim failed. en-us Tue, 20 Jul 1999 00:00:00 +0530 Mon, 07 Nov 2011 15:29:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92989 Ferrous waste and scrap arising during manufacture of metal containers did not qualify for exemption under Notification No. 171/88-C.E. because the notification required that no Modvat credit be taken under Rule 56A or Rule 57A, and credit had admittedly been availed on the steel sheets from which the scrap arose. The scrap was therefore treated as arising from Chapter 72 goods, and the alternative characterisation as scrap arising from metal containers could not be used to bypass the credit bar. The exemption was accordingly unavailable and the claim failed. Case-Laws Central Excise Tue, 20 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92989