https://www.taxtmi.com/caselaws?id=1805 Slit strips arising during the manufacture of steel tubes were treated as unusable or defective strips, classified and cleared on payment of duty as a final product. Because the entire input had been issued for manufacture, the removed material was not inputs remaining as such, and its clearance did not amount to removal of inputs as such. On that basis, reversal of Modvat credit, duty demand, and penalties were not sustainable. en-us Mon, 02 Apr 2007 00:00:00 +0530 Tue, 15 Apr 2008 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1805 Slit strips arising during the manufacture of steel tubes were treated as unusable or defective strips, classified and cleared on payment of duty as a final product. Because the entire input had been issued for manufacture, the removed material was not inputs remaining as such, and its clearance did not amount to removal of inputs as such. On that basis, reversal of Modvat credit, duty demand, and penalties were not sustainable. Case-Laws Central Excise Mon, 02 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1805