https://www.taxtmi.com/circulars?id=6585 Admissibility of Modvat credit is limited to duty on ready-to-use packaging articles; raw materials used to make packaging are excluded because they are general-purpose and not recognisable as packaging. If raw materials are converted into dutiable ready-to-use packaging treated as final products, credit for the raw materials is admissible. Integrated manufacturers are permitted a procedural simplification to claim credit directly for such raw materials and apply it against duty on final products, without changing the fundamental rule restricting credit to packaging materials. en-us Tue, 13 Feb 1990 00:00:00 +0530 Sat, 04 Jul 2009 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6585 Admissibility of Modvat credit is limited to duty on ready-to-use packaging articles; raw materials used to make packaging are excluded because they are general-purpose and not recognisable as packaging. If raw materials are converted into dutiable ready-to-use packaging treated as final products, credit for the raw materials is admissible. Integrated manufacturers are permitted a procedural simplification to claim credit directly for such raw materials and apply it against duty on final products, without changing the fundamental rule restricting credit to packaging materials. Circulars Central Excise Tue, 13 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6585