https://www.taxtmi.com/caselaws?id=208612 Common inputs used in the manufacture of dutiable refined oil and hydrogenated vanaspati did not trigger reversal merely because soap stock emerged as a waste or incidental by-product. Acid oil was obtained only after further processing of that soap stock, and the reversal mechanism could not be applied on the footing that such waste had later been converted into an exempt product. The stated principle is that input credit cannot be denied when a waste or incidental product emerges during manufacture of a dutiable final product, and subsequent processing of that waste into another product does not by itself attract the presumptive reversal obligation. en-us Tue, 11 Oct 2011 00:00:00 +0530 Tue, 28 Aug 2012 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208612 Common inputs used in the manufacture of dutiable refined oil and hydrogenated vanaspati did not trigger reversal merely because soap stock emerged as a waste or incidental by-product. Acid oil was obtained only after further processing of that soap stock, and the reversal mechanism could not be applied on the footing that such waste had later been converted into an exempt product. The stated principle is that input credit cannot be denied when a waste or incidental product emerges during manufacture of a dutiable final product, and subsequent processing of that waste into another product does not by itself attract the presumptive reversal obligation. Case-Laws Central Excise Tue, 11 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208612