https://www.taxtmi.com/caselaws?id=97312 Modvat credit was held unavailable for scrap-based inputs such as sheet cutting, S.S. flats rejects and other market-purchased scrap, because deemed credit applied only to inputs specifically covered by the relevant TRU order and waste or scrap under Heading 72.04 was not included. The exemption under Notification No. 202/88-C.E. was also denied, as scrap and reject material were not eligible inputs for the manufacture of ingots. On manganese, the record did not clearly establish non-declaration in the Modvat declaration, so that question was remanded for readjudication by the jurisdictional Assistant Commissioner. en-us Wed, 12 Sep 2001 00:00:00 +0530 Mon, 16 Jan 2012 12:31:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97312 Modvat credit was held unavailable for scrap-based inputs such as sheet cutting, S.S. flats rejects and other market-purchased scrap, because deemed credit applied only to inputs specifically covered by the relevant TRU order and waste or scrap under Heading 72.04 was not included. The exemption under Notification No. 202/88-C.E. was also denied, as scrap and reject material were not eligible inputs for the manufacture of ingots. On manganese, the record did not clearly establish non-declaration in the Modvat declaration, so that question was remanded for readjudication by the jurisdictional Assistant Commissioner. Case-Laws Central Excise Wed, 12 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97312