https://www.taxtmi.com/circulars?id=7589 Foam rubber lubricating pads supplied to railways are classifiable as articles of vulcanized rubber under sub heading 4016.11, while the cellular neoprene rubber core is classifiable under sub heading 4008.11. Inputs under 4008.11 used in the factory to manufacture 4016.11 goods remain exempt from duty, and where duty is paid on such inputs the duty paid is available as Modvat credit against the duty on the final product. en-us Sun, 06 Sep 1998 00:00:00 +0530 Tue, 15 Sep 2009 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7589 Foam rubber lubricating pads supplied to railways are classifiable as articles of vulcanized rubber under sub heading 4016.11, while the cellular neoprene rubber core is classifiable under sub heading 4008.11. Inputs under 4008.11 used in the factory to manufacture 4016.11 goods remain exempt from duty, and where duty is paid on such inputs the duty paid is available as Modvat credit against the duty on the final product. Circulars Central Excise Sun, 06 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7589