https://www.taxtmi.com/caselaws?id=116525 Availment of Modvat credit on inputs does not, by itself, make those inputs non-duty-paid for the purpose of an exemption notification covering goods made from duty-paid materials. On that construction, plastic waste and scrap arising during manufacture could not be denied the benefit of Notification No. 14/92-C.E. merely because credit had been taken on the inputs. The duty demand and penalty based on the premise that the waste had to be cleared on payment of duty were therefore not sustainable, and the assessee's position was accepted. en-us Thu, 01 Sep 2005 00:00:00 +0530 Wed, 13 Jun 2012 12:44:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116525 Availment of Modvat credit on inputs does not, by itself, make those inputs non-duty-paid for the purpose of an exemption notification covering goods made from duty-paid materials. On that construction, plastic waste and scrap arising during manufacture could not be denied the benefit of Notification No. 14/92-C.E. merely because credit had been taken on the inputs. The duty demand and penalty based on the premise that the waste had to be cleared on payment of duty were therefore not sustainable, and the assessee's position was accepted. Case-Laws Central Excise Thu, 01 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116525