https://www.taxtmi.com/caselaws?id=116352 Modvat credit on inputs allegedly lost by spillage or handling before manufacture was held inadmissible because the evidence did not prove actual shortage during manufacture. The record showed only a speculative possibility of spillage, with no supporting proof of sweepings, actual wastage, or proper accounting of the loss. As the loss was found to have occurred prior to manufacture, Rule 57D did not apply and the cited authorities were treated as inapplicable on the facts. Credit on the disputed inputs was therefore denied and the denial of credit was sustained. en-us Tue, 14 Jun 2005 00:00:00 +0530 Mon, 11 Jun 2012 16:30:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116352 Modvat credit on inputs allegedly lost by spillage or handling before manufacture was held inadmissible because the evidence did not prove actual shortage during manufacture. The record showed only a speculative possibility of spillage, with no supporting proof of sweepings, actual wastage, or proper accounting of the loss. As the loss was found to have occurred prior to manufacture, Rule 57D did not apply and the cited authorities were treated as inapplicable on the facts. Credit on the disputed inputs was therefore denied and the denial of credit was sustained. Case-Laws Central Excise Tue, 14 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116352