https://www.taxtmi.com/caselaws?id=104599 Waste and scrap arising in the manufacture of X-ray films remained eligible for exemption under Notification No. 14/92 because the relevant inputs were duty paid goods within the meaning of entry 19. Availment of Modvat credit did not change the character of those inputs or make them cease to be duty paid, as credit is only a mechanism for utilising duty paid on inputs against duty on the final product. The attempt to deny exemption and recover credit on that basis was therefore unsustainable. en-us Fri, 31 Aug 2001 00:00:00 +0530 Wed, 29 Feb 2012 16:43:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104599 Waste and scrap arising in the manufacture of X-ray films remained eligible for exemption under Notification No. 14/92 because the relevant inputs were duty paid goods within the meaning of entry 19. Availment of Modvat credit did not change the character of those inputs or make them cease to be duty paid, as credit is only a mechanism for utilising duty paid on inputs against duty on the final product. The attempt to deny exemption and recover credit on that basis was therefore unsustainable. Case-Laws Central Excise Fri, 31 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104599