https://www.taxtmi.com/caselaws?id=126581 Where mother liquor arose as waste in the manufacture of dutiable gelatin, no excise duty was payable on its clearance and full Modvat credit on hydrochloric acid used as a common input remained available. Rule 57CC could not be invoked merely because that waste was later processed into exempt Di-Calcium Phosphate, since the waste mother liquor was not treated as a final product attracting reversal of credit or a presumptive payment. The Tribunal followed the binding High Court view and held that no duty or credit reversal was required on the exempt product derived from the waste mother liquor. en-us Wed, 04 Feb 2009 00:00:00 +0530 Thu, 22 Nov 2012 13:04:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126581 Where mother liquor arose as waste in the manufacture of dutiable gelatin, no excise duty was payable on its clearance and full Modvat credit on hydrochloric acid used as a common input remained available. Rule 57CC could not be invoked merely because that waste was later processed into exempt Di-Calcium Phosphate, since the waste mother liquor was not treated as a final product attracting reversal of credit or a presumptive payment. The Tribunal followed the binding High Court view and held that no duty or credit reversal was required on the exempt product derived from the waste mother liquor. Case-Laws Central Excise Wed, 04 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126581