https://www.taxtmi.com/caselaws?id=97590 Modvat credit on interleaving trays made from misprinted and defective paper boards was examined on two points: whether the trays were excisable goods and whether credit was available when they were used as packing material. The trays were held not to be proved marketable, and mere specific dimensions did not establish excisability; accordingly, they could not be treated as an undeclared final product for denying credit. Credit was also supported because the trays functioned as packing separators and their cost was included in the assessable value of the final product, with Rule 57D(2) treating the articles as intermediate products in manufacture. en-us Fri, 25 Aug 2000 00:00:00 +0530 Tue, 17 Jan 2012 13:14:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97590 Modvat credit on interleaving trays made from misprinted and defective paper boards was examined on two points: whether the trays were excisable goods and whether credit was available when they were used as packing material. The trays were held not to be proved marketable, and mere specific dimensions did not establish excisability; accordingly, they could not be treated as an undeclared final product for denying credit. Credit was also supported because the trays functioned as packing separators and their cost was included in the assessable value of the final product, with Rule 57D(2) treating the articles as intermediate products in manufacture. Case-Laws Central Excise Fri, 25 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97590