https://www.taxtmi.com/circulars?id=6696 Modvat credit is admissible on cellophane and foil used in packing final products provided the packing containers do not, at any intermediate stage, emerge as a distinct and identifiable excisable product; if they do, credit is not allowable. en-us Tue, 04 Jul 1989 00:00:00 +0530 Sat, 04 Jul 2009 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6696 Modvat credit is admissible on cellophane and foil used in packing final products provided the packing containers do not, at any intermediate stage, emerge as a distinct and identifiable excisable product; if they do, credit is not allowable. Circulars Central Excise Tue, 04 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6696