https://www.taxtmi.com/caselaws?id=115610 Waste and scrap arising from processing inputs on which Modvat credit had been taken was treated as deemed manufactured goods under Rule 57F(18)(a) of the Central Excise Rules, 1944, and was therefore liable to duty on removal. The analysis distinguished an earlier precedent relied on by the assessee because it arose under Rule 50 and in a different factual and statutory setting. On the facts recorded, the waste was being cleared for sale, and the extended period was considered justified. en-us Fri, 30 Sep 2005 00:00:00 +0530 Thu, 31 May 2012 13:53:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115610 Waste and scrap arising from processing inputs on which Modvat credit had been taken was treated as deemed manufactured goods under Rule 57F(18)(a) of the Central Excise Rules, 1944, and was therefore liable to duty on removal. The analysis distinguished an earlier precedent relied on by the assessee because it arose under Rule 50 and in a different factual and statutory setting. On the facts recorded, the waste was being cleared for sale, and the extended period was considered justified. Case-Laws Central Excise Fri, 30 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115610