https://www.taxtmi.com/caselaws?id=121042 Modvat credit was treated as admissible on reprocessed resins returned as rejected material and later used in manufacturing the final product. The denial was based on the contention that reprocessing of returned inputs was not itself manufacture, but that objection was not sufficient where the record showed the goods were ultimately used as inputs in the manufacture of paints. The text states that the Modvat scheme was satisfied because the inputs were used in or in relation to manufacture, and that credit could not be refused merely because an intervening reprocessing stage occurred. en-us Fri, 03 Feb 2006 00:00:00 +0530 Thu, 26 Jul 2012 12:13:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121042 Modvat credit was treated as admissible on reprocessed resins returned as rejected material and later used in manufacturing the final product. The denial was based on the contention that reprocessing of returned inputs was not itself manufacture, but that objection was not sufficient where the record showed the goods were ultimately used as inputs in the manufacture of paints. The text states that the Modvat scheme was satisfied because the inputs were used in or in relation to manufacture, and that credit could not be refused merely because an intervening reprocessing stage occurred. Case-Laws Central Excise Fri, 03 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121042