https://www.taxtmi.com/caselaws?id=50696 Modvat credit was held inadmissible on carry bags claimed as packing material under Rule 57A because they were not used to pack the footwear or its boxes; they were only placed inside the boxes for convenience and later used by retailers. Mere inclusion of the bags' cost in the assessable value did not make them eligible input material, and Notification No. 28/95-C.E. did not help because the bags were neither directly nor indirectly used in manufacture. Credit was disallowed, and the penalty was sustained, against the assessee. en-us Fri, 08 Jun 2001 00:00:00 +0530 Wed, 25 Aug 2010 13:58:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50696 Modvat credit was held inadmissible on carry bags claimed as packing material under Rule 57A because they were not used to pack the footwear or its boxes; they were only placed inside the boxes for convenience and later used by retailers. Mere inclusion of the bags' cost in the assessable value did not make them eligible input material, and Notification No. 28/95-C.E. did not help because the bags were neither directly nor indirectly used in manufacture. Credit was disallowed, and the penalty was sustained, against the assessee. Case-Laws Central Excise Fri, 08 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50696