https://www.taxtmi.com/caselaws?id=30238 CESTAT, Mumbai held that silver residue arising during cinematographic film processing, classified under Chapter 26, was covered by the applicable exemption notification, and the absence of Modvat credit on inputs supported that treatment. The chemical solution was treated as a photographic chemical preparation under Chapter 37.07 and was also within the scope of the exemption notification. As both products satisfied the notification conditions, excise duty could not be demanded and the revenue's claim failed. en-us Tue, 26 Feb 2008 00:00:00 +0530 Mon, 18 Aug 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30238 CESTAT, Mumbai held that silver residue arising during cinematographic film processing, classified under Chapter 26, was covered by the applicable exemption notification, and the absence of Modvat credit on inputs supported that treatment. The chemical solution was treated as a photographic chemical preparation under Chapter 37.07 and was also within the scope of the exemption notification. As both products satisfied the notification conditions, excise duty could not be demanded and the revenue's claim failed. Case-Laws Central Excise Tue, 26 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30238