https://www.taxtmi.com/caselaws?id=49997 Modvat credit was admissible on compacted granules received as inputs where they were declared as waste and scrap of plastics under Sub-heading 3915.90. The classification at the consignor's end supported the assessee's description, and the expression "waste and scrap" was treated as having a wide ambit in line with prior decisions on similar inputs. The Revenue's reliance on price difference between compacted granules and ordinary waste and scrap was rejected as irrelevant, and in any event as a factual plea not raised in the show cause notice and unsuitable for second appellate consideration. en-us Thu, 16 Mar 2000 00:00:00 +0530 Thu, 19 Aug 2010 10:13:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49997 Modvat credit was admissible on compacted granules received as inputs where they were declared as waste and scrap of plastics under Sub-heading 3915.90. The classification at the consignor's end supported the assessee's description, and the expression "waste and scrap" was treated as having a wide ambit in line with prior decisions on similar inputs. The Revenue's reliance on price difference between compacted granules and ordinary waste and scrap was rejected as irrelevant, and in any event as a factual plea not raised in the show cause notice and unsuitable for second appellate consideration. Case-Laws Central Excise Thu, 16 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49997