https://www.taxtmi.com/caselaws?id=48921 Re-rollable scrap used for further manufacture through re-rolling was not waste and scrap within the meaning of the exemption notifications because it was not material generally used for remelting. Binding departmental circulars clarified that waste and scrap of iron and steel covered only remelting-grade material, so the goods could not be reclassified as waste and scrap merely because they arose from broken or used material. The denial of exemption on that basis was therefore unsustainable, and the exemption remained available to the assessee. en-us Tue, 09 Jul 2002 00:00:00 +0530 Sat, 07 Aug 2010 12:19:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48921 Re-rollable scrap used for further manufacture through re-rolling was not waste and scrap within the meaning of the exemption notifications because it was not material generally used for remelting. Binding departmental circulars clarified that waste and scrap of iron and steel covered only remelting-grade material, so the goods could not be reclassified as waste and scrap merely because they arose from broken or used material. The denial of exemption on that basis was therefore unsustainable, and the exemption remained available to the assessee. Case-Laws Central Excise Tue, 09 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48921