https://www.taxtmi.com/caselaws?id=49032 Modvat credit is available on the full duty-paid quantity of phospho gypsum received in the factory, including moisture that subsequently evaporates during storage or cement manufacture. Negligible moisture loss caused by atmospheric conditions or the manufacturing process does not represent loss of the input before use. Credit should therefore not be reduced merely because the invoiced weight includes moisture that evaporates after receipt, treating such evaporation as admissible process loss. en-us Fri, 17 Dec 2004 00:00:00 +0530 Mon, 09 Aug 2010 12:31:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49032 Modvat credit is available on the full duty-paid quantity of phospho gypsum received in the factory, including moisture that subsequently evaporates during storage or cement manufacture. Negligible moisture loss caused by atmospheric conditions or the manufacturing process does not represent loss of the input before use. Credit should therefore not be reduced merely because the invoiced weight includes moisture that evaporates after receipt, treating such evaporation as admissible process loss. Case-Laws Central Excise Fri, 17 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49032