https://www.taxtmi.com/caselaws?id=105548 Modvat credit under Rule 57H is available for duty-paid inputs contained in waste and scrap held in stock on the date of filing the Rule 57G declaration, where the waste and scrap constitute dutiable final products. Waste and scrap should not be treated as inputs in those circumstances. Credit depends on the underlying inputs, such as CR Sheets, being supported by valid duty-paying documents and having been used in manufacturing the final products. Subsequent clearance of the stock on payment of duty satisfies the requirement that the goods are dutiable final products. en-us Tue, 04 Dec 2001 00:00:00 +0530 Tue, 06 Mar 2012 11:54:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105548 Modvat credit under Rule 57H is available for duty-paid inputs contained in waste and scrap held in stock on the date of filing the Rule 57G declaration, where the waste and scrap constitute dutiable final products. Waste and scrap should not be treated as inputs in those circumstances. Credit depends on the underlying inputs, such as CR Sheets, being supported by valid duty-paying documents and having been used in manufacturing the final products. Subsequent clearance of the stock on payment of duty satisfies the requirement that the goods are dutiable final products. Case-Laws Central Excise Tue, 04 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105548