https://www.taxtmi.com/caselaws?id=102759 Yarn waste arising during ring-frame, cone-winding, reeling, warping, sizing and pirn winding was examined for duty liability, alongside the assessee's entitlement to input credit. The lower authority treated the waste as a new product and considered duty unavoidable, but also noted that credit would be available if legal conditions were met. The appellate analysis identified inconsistency in that approach and resolved it in favour of allowing credit on production of documentary evidence, subject to proof of compliance with the prescribed requirements. en-us Thu, 11 Apr 2002 00:00:00 +0530 Wed, 15 Feb 2012 18:50:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102759 Yarn waste arising during ring-frame, cone-winding, reeling, warping, sizing and pirn winding was examined for duty liability, alongside the assessee's entitlement to input credit. The lower authority treated the waste as a new product and considered duty unavoidable, but also noted that credit would be available if legal conditions were met. The appellate analysis identified inconsistency in that approach and resolved it in favour of allowing credit on production of documentary evidence, subject to proof of compliance with the prescribed requirements. Case-Laws Central Excise Thu, 11 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102759