https://www.taxtmi.com/caselaws?id=94392 Waste, parings and scrap arising during manufacture of polyurethane foam sheets were held eligible for exemption under Notification No. 222/86-C.E. The condition that the waste must arise from goods on which excise duty or additional duty had already been paid was treated as satisfied because the underlying raw materials were duty-paid, even though the waste emerged through an intermediate captively consumed product. The notification contained no express bar where Modvat credit had been taken, so no such restriction could be implied. The exemption was therefore upheld and the Revenue's objection based on captive consumption and Modvat credit failed. en-us Mon, 08 Feb 1999 00:00:00 +0530 Tue, 22 Nov 2011 11:50:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94392 Waste, parings and scrap arising during manufacture of polyurethane foam sheets were held eligible for exemption under Notification No. 222/86-C.E. The condition that the waste must arise from goods on which excise duty or additional duty had already been paid was treated as satisfied because the underlying raw materials were duty-paid, even though the waste emerged through an intermediate captively consumed product. The notification contained no express bar where Modvat credit had been taken, so no such restriction could be implied. The exemption was therefore upheld and the Revenue's objection based on captive consumption and Modvat credit failed. Case-Laws Central Excise Mon, 08 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94392