https://www.taxtmi.com/caselaws?id=50763 Modvat credit was held admissible on duty paid plastic materials used to manufacture bags employed as packing material for finished goods. The exclusion in clause (b) of the Explanation to Rule 57A of the Central Excise Rules, 1944 was read as not barring credit for raw material used to make packing material. The Tribunal relied on the settled view reflected in Madras High Court and earlier Tribunal rulings, as well as the Ministry of Finance circular dated 30-6-1997, which clarified that "packing material" includes both ready-to-use packing material and the raw material used to manufacture it. en-us Sat, 23 Jun 2001 00:00:00 +0530 Wed, 08 Sep 2010 13:41:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50763 Modvat credit was held admissible on duty paid plastic materials used to manufacture bags employed as packing material for finished goods. The exclusion in clause (b) of the Explanation to Rule 57A of the Central Excise Rules, 1944 was read as not barring credit for raw material used to make packing material. The Tribunal relied on the settled view reflected in Madras High Court and earlier Tribunal rulings, as well as the Ministry of Finance circular dated 30-6-1997, which clarified that "packing material" includes both ready-to-use packing material and the raw material used to manufacture it. Case-Laws Central Excise Sat, 23 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50763