https://www.taxtmi.com/caselaws?id=50950 Modvat credit on wrappers torn from rejected soap cakes did not require reversal where the wrappers were removed only after quality testing, rejection, and return of the goods into the manufacturing stream. The Tribunal treated the resulting waste as arising in the course of manufacture and applied Rule 57D of the Central Excise Rules, holding that credit protection is not lost merely because the material is ultimately cleared as waste. The assessee was therefore entitled to Rule 57D benefit, and reversal of Modvat credit was not warranted. en-us Tue, 23 Oct 2001 00:00:00 +0530 Mon, 20 Sep 2010 17:07:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50950 Modvat credit on wrappers torn from rejected soap cakes did not require reversal where the wrappers were removed only after quality testing, rejection, and return of the goods into the manufacturing stream. The Tribunal treated the resulting waste as arising in the course of manufacture and applied Rule 57D of the Central Excise Rules, holding that credit protection is not lost merely because the material is ultimately cleared as waste. The assessee was therefore entitled to Rule 57D benefit, and reversal of Modvat credit was not warranted. Case-Laws Central Excise Tue, 23 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50950