https://www.taxtmi.com/caselaws?id=95217 Modvat credit on glass bottles used as packing material is admissible where their cost is included in the assessable value of aerated water. The exclusion under Rule 57A applies only when the packing material cost was not included in the final product's assessable value in the relevant period. After 1-4-1994, absence of an approved price list does not by itself defeat the claim; reliable evidence such as a Chartered Accountant's certificate may establish inclusion of cost. Where inclusion is shown, the objection based on double benefit does not survive and demand and penalty are not sustainable. en-us Tue, 31 Oct 2000 00:00:00 +0530 Thu, 08 Dec 2011 17:35:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95217 Modvat credit on glass bottles used as packing material is admissible where their cost is included in the assessable value of aerated water. The exclusion under Rule 57A applies only when the packing material cost was not included in the final product's assessable value in the relevant period. After 1-4-1994, absence of an approved price list does not by itself defeat the claim; reliable evidence such as a Chartered Accountant's certificate may establish inclusion of cost. Where inclusion is shown, the objection based on double benefit does not survive and demand and penalty are not sustainable. Case-Laws Central Excise Tue, 31 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95217