https://www.taxtmi.com/caselaws?id=235771 Under the pre-2004 CENVAT regime, credit was available on proportionate plastic granules attributable to scrap generated in manufacture where the waste and scrap were themselves dutiable and treated as final products. The Court noted that the department classified the plastic scrap under a dutiable tariff entry and that the Board's circular recognised waste and scrap as final products for CENVAT purposes. It rejected the Tribunal's view that denial of credit followed merely because the main product was exempt, holding that the relevant input credit related only to the quantity embedded in the dutiable scrap. The assessee was therefore entitled to proportionate CENVAT credit. en-us Mon, 29 Jul 2013 00:00:00 +0530 Tue, 31 Dec 2013 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235771 Under the pre-2004 CENVAT regime, credit was available on proportionate plastic granules attributable to scrap generated in manufacture where the waste and scrap were themselves dutiable and treated as final products. The Court noted that the department classified the plastic scrap under a dutiable tariff entry and that the Board's circular recognised waste and scrap as final products for CENVAT purposes. It rejected the Tribunal's view that denial of credit followed merely because the main product was exempt, holding that the relevant input credit related only to the quantity embedded in the dutiable scrap. The assessee was therefore entitled to proportionate CENVAT credit. Case-Laws Central Excise Mon, 29 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235771