https://www.taxtmi.com/caselaws?id=263852 Credit of duty on inputs remained admissible under the Modvat/Cenvat scheme even though the final product was cleared at nil rate of duty, because Rule 57C could not be used to deny credit in these circumstances. The Court treated the disputed item as a by-product or waste arising during manufacture and applied Rule 57D, which protects input credit where such by-product, refuse or waste is exempt or chargeable to nil duty. The fact that part of the by-product was cleared on payment of duty and part under Chapter X procedure reinforced the position that credit was not barred. The Revenue's challenge therefore failed. en-us Thu, 18 Jun 2015 00:00:00 +0530 Fri, 11 Sep 2015 07:59:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263852 Credit of duty on inputs remained admissible under the Modvat/Cenvat scheme even though the final product was cleared at nil rate of duty, because Rule 57C could not be used to deny credit in these circumstances. The Court treated the disputed item as a by-product or waste arising during manufacture and applied Rule 57D, which protects input credit where such by-product, refuse or waste is exempt or chargeable to nil duty. The fact that part of the by-product was cleared on payment of duty and part under Chapter X procedure reinforced the position that credit was not barred. The Revenue's challenge therefore failed. Case-Laws Central Excise Thu, 18 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263852