https://www.taxtmi.com/caselaws?id=113626 Reel core used in manufacturing paper sold in reels was treated as an integral component of the final product, not mere packing material, because the paper could not be marketed in that form without it. The mill wrapper used in making the reel core was also held eligible for the benefit of Notification No. 217/86-C.E., since the fact that the intermediate product was exempt did not by itself disqualify the claim where the notification and applicable credit treatment permitted such use. On that basis, denial of credit and exemption treatment was found unsustainable, and the demand and penalty were set aside in favour of the assessee. en-us Wed, 31 May 1995 00:00:00 +0530 Mon, 07 May 2012 12:34:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113626 Reel core used in manufacturing paper sold in reels was treated as an integral component of the final product, not mere packing material, because the paper could not be marketed in that form without it. The mill wrapper used in making the reel core was also held eligible for the benefit of Notification No. 217/86-C.E., since the fact that the intermediate product was exempt did not by itself disqualify the claim where the notification and applicable credit treatment permitted such use. On that basis, denial of credit and exemption treatment was found unsustainable, and the demand and penalty were set aside in favour of the assessee. Case-Laws Central Excise Wed, 31 May 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113626