https://www.taxtmi.com/caselaws?id=93121 Modvat credit was treated as allowable for caustic soda lye used as an alkali in the manufacture of soap, because credit cannot be denied merely due to the emergence of an intermediate product such as soap stock when the product is captively used in producing the dutiable final product. Nickel catalyst was also recognised as an eligible input, since Rule 57A covered inputs used in or in relation to manufacture and the material was used in the manufacturing process. The stated ratio is that Modvat credit remains available unless the statutory conditions for denial are established. en-us Thu, 10 Oct 1996 00:00:00 +0530 Tue, 08 Nov 2011 15:06:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93121 Modvat credit was treated as allowable for caustic soda lye used as an alkali in the manufacture of soap, because credit cannot be denied merely due to the emergence of an intermediate product such as soap stock when the product is captively used in producing the dutiable final product. Nickel catalyst was also recognised as an eligible input, since Rule 57A covered inputs used in or in relation to manufacture and the material was used in the manufacturing process. The stated ratio is that Modvat credit remains available unless the statutory conditions for denial are established. Case-Laws Central Excise Thu, 10 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93121