https://www.taxtmi.com/caselaws?id=98566 Captive consumption of defective printing ink within the factory for manufacture of another excisable product did not attract separate central excise duty because the ink was not cleared as such and was used in further manufacture. The demand on the catalytic agent was also unsustainable since it had been cleared on payment of duty through valid Modvat credit; omission to declare it as a final product did not create a fresh duty liability, particularly where the situation was revenue neutral. The duty demand and penalty were therefore set aside and the assessee succeeded on both issues. en-us Wed, 11 Jul 2001 00:00:00 +0530 Sat, 21 Jan 2012 11:49:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98566 Captive consumption of defective printing ink within the factory for manufacture of another excisable product did not attract separate central excise duty because the ink was not cleared as such and was used in further manufacture. The demand on the catalytic agent was also unsustainable since it had been cleared on payment of duty through valid Modvat credit; omission to declare it as a final product did not create a fresh duty liability, particularly where the situation was revenue neutral. The duty demand and penalty were therefore set aside and the assessee succeeded on both issues. Case-Laws Central Excise Wed, 11 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98566