https://www.taxtmi.com/caselaws?id=97568 Steel ingots produced from duty-paid specified inputs remained eligible for exemption where internally generated circulating scrap arose in the same continuous manufacturing process and was recycled back into the furnace. The notifications required the final product to be manufactured from the specified inputs, and that condition was satisfied because the scrap was not an independent raw material but an intermediate stage derived from the same inputs. Board circulars and contemporaneous trade notices supported this treatment. The exemption therefore applied, and the demand failed on merits. en-us Tue, 25 Jul 2000 00:00:00 +0530 Tue, 17 Jan 2012 12:40:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97568 Steel ingots produced from duty-paid specified inputs remained eligible for exemption where internally generated circulating scrap arose in the same continuous manufacturing process and was recycled back into the furnace. The notifications required the final product to be manufactured from the specified inputs, and that condition was satisfied because the scrap was not an independent raw material but an intermediate stage derived from the same inputs. Board circulars and contemporaneous trade notices supported this treatment. The exemption therefore applied, and the demand failed on merits. Case-Laws Central Excise Tue, 25 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97568