https://www.taxtmi.com/caselaws?id=95768 Zinc waste and scrap generated from rejected battery cells could not be cleared without duty while Modvat credit on the inputs remained unreversed. The Tribunal applied the settled principle that where final products are removed as exempted or non-dutiable, the credit availed on inputs must be reversed. On that basis, it held that conscious conversion of rejected battery cells into waste and scrap did not permit retention of the credit when the goods were cleared without duty, and the challenge failed. en-us Fri, 10 Nov 2000 00:00:00 +0530 Wed, 14 Dec 2011 17:49:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95768 Zinc waste and scrap generated from rejected battery cells could not be cleared without duty while Modvat credit on the inputs remained unreversed. The Tribunal applied the settled principle that where final products are removed as exempted or non-dutiable, the credit availed on inputs must be reversed. On that basis, it held that conscious conversion of rejected battery cells into waste and scrap did not permit retention of the credit when the goods were cleared without duty, and the challenge failed. Case-Laws Central Excise Fri, 10 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95768