https://www.taxtmi.com/caselaws?id=46080 Modvat credit was held admissible where the assessee paid excise duty on the actual weight of PU foam articles and claimed credit only to that extent. The Court found that excluding waste and scrap from trimming would only have reduced the duty liability, and the Revenue failed to show any loss of duty or adverse revenue consequence. In the absence of demonstrated revenue loss, no disallowance of credit was warranted under Rule 57A of the Central Excise Rules, 1944. en-us Thu, 22 Nov 2001 00:00:00 +0530 Thu, 15 Jul 2010 16:38:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46080 Modvat credit was held admissible where the assessee paid excise duty on the actual weight of PU foam articles and claimed credit only to that extent. The Court found that excluding waste and scrap from trimming would only have reduced the duty liability, and the Revenue failed to show any loss of duty or adverse revenue consequence. In the absence of demonstrated revenue loss, no disallowance of credit was warranted under Rule 57A of the Central Excise Rules, 1944. Case-Laws Central Excise Thu, 22 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46080