https://www.taxtmi.com/caselaws?id=48238 The court, in a case regarding the admissibility of Modvat credit on packing material for aerated water, ruled in favor of the assessee. The court held that Modvat credit is admissible where the cost of packing material is included in the assessable value of the final product. The court emphasized the importance of factual considerations in determining the inclusion of packing material costs in the assessable value. The decision underscored the need to comply with Rule 57A of the Central Excise Rules for claiming Modvat credit and highlighted the relevance of factual findings in such cases. en-us Mon, 10 Dec 2007 00:00:00 +0530 Thu, 18 Dec 2014 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48238 The court, in a case regarding the admissibility of Modvat credit on packing material for aerated water, ruled in favor of the assessee. The court held that Modvat credit is admissible where the cost of packing material is included in the assessable value of the final product. The court emphasized the importance of factual considerations in determining the inclusion of packing material costs in the assessable value. The decision underscored the need to comply with Rule 57A of the Central Excise Rules for claiming Modvat credit and highlighted the relevance of factual findings in such cases. Case-Laws Central Excise Mon, 10 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48238