https://www.taxtmi.com/caselaws?id=108953 Exemption for plastic waste and scrap under Notification No. 14/92 was available where the scrap arose from duty-paid inputs, because the notification did not exclude cases in which Modvat credit had been taken. Availment of Modvat credit on the inputs did not change their duty-paid character, and the same principle applied as under the earlier proforma credit rule. The exemption could not therefore be denied solely on the ground that credit had been claimed on the inputs from which the scrap arose. en-us Wed, 09 Apr 2003 00:00:00 +0530 Thu, 05 Apr 2012 11:09:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108953 Exemption for plastic waste and scrap under Notification No. 14/92 was available where the scrap arose from duty-paid inputs, because the notification did not exclude cases in which Modvat credit had been taken. Availment of Modvat credit on the inputs did not change their duty-paid character, and the same principle applied as under the earlier proforma credit rule. The exemption could not therefore be denied solely on the ground that credit had been claimed on the inputs from which the scrap arose. Case-Laws Central Excise Wed, 09 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108953