https://www.taxtmi.com/caselaws?id=109950 Rule 57D of the Central Excise Rules, 1944 protects Modvat credit only where inputs are used in waste, refuse, or by-product arising in the course of manufacture. Finished medicines that were otherwise usable and later destroyed for reasons unrelated to manufacture did not fall within that protection, so refund of the credit was not maintainable. The objection that the order lacked reasons also failed, as no want of a speaking order was established. The denial of relief was therefore upheld. en-us Fri, 04 Apr 2003 00:00:00 +0530 Fri, 13 Apr 2012 11:43:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109950 Rule 57D of the Central Excise Rules, 1944 protects Modvat credit only where inputs are used in waste, refuse, or by-product arising in the course of manufacture. Finished medicines that were otherwise usable and later destroyed for reasons unrelated to manufacture did not fall within that protection, so refund of the credit was not maintainable. The objection that the order lacked reasons also failed, as no want of a speaking order was established. The denial of relief was therefore upheld. Case-Laws Central Excise Fri, 04 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109950