https://www.taxtmi.com/caselaws?id=50716 Lean gas arising during extraction of LPG from natural gas was treated as a by-product, with LPG remaining the main product. On that footing, the Tribunal applied the Modvat principle that credit is not denied merely because part of the inputs is contained in waste, refuse, or a by-product generated in manufacture. As the facts matched an earlier decision on the same issue, Rule 57D applied and the demand under Rule 57CC could not be sustained. The assessees were therefore entitled to the benefit flowing from by-product treatment of lean gas under the Modvat scheme. en-us Mon, 03 Sep 2001 00:00:00 +0530 Wed, 25 Aug 2010 15:39:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50716 Lean gas arising during extraction of LPG from natural gas was treated as a by-product, with LPG remaining the main product. On that footing, the Tribunal applied the Modvat principle that credit is not denied merely because part of the inputs is contained in waste, refuse, or a by-product generated in manufacture. As the facts matched an earlier decision on the same issue, Rule 57D applied and the demand under Rule 57CC could not be sustained. The assessees were therefore entitled to the benefit flowing from by-product treatment of lean gas under the Modvat scheme. Case-Laws Central Excise Mon, 03 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50716