https://www.taxtmi.com/caselaws?id=112921 Modvat credit on computers was denied because they were not used as parts of machinery employed in manufacture, and that disallowance was sustained. Duty on defective inputs retained in the factory was not justified merely because payment had been made through PLA, and the demand was set aside. Duty could not be demanded on waste and scrap arising from job work where only unavoidable invisible processing loss occurred, as Rule 57D protected credit and no shortage of the principal input was shown. Penalties were reduced and modified because the major duty demands failed, leaving only a limited sustained amount. en-us Wed, 03 Mar 2004 00:00:00 +0530 Wed, 02 May 2012 16:09:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112921 Modvat credit on computers was denied because they were not used as parts of machinery employed in manufacture, and that disallowance was sustained. Duty on defective inputs retained in the factory was not justified merely because payment had been made through PLA, and the demand was set aside. Duty could not be demanded on waste and scrap arising from job work where only unavoidable invisible processing loss occurred, as Rule 57D protected credit and no shortage of the principal input was shown. Penalties were reduced and modified because the major duty demands failed, leaving only a limited sustained amount. Case-Laws Central Excise Wed, 03 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112921