https://www.taxtmi.com/caselaws?id=51051 Hanging cards used to hold and pack blade sets were treated as packing material, not advertising material, because their primary function was to support the packaged product and their cost formed part of the assessable value of the final product. The presence of printed matter or a display function did not, by itself, defeat Modvat eligibility. Since Rule 57B allowed credit on packing material whose cost was included in the product value, Modvat credit was admissible and could not be denied merely because the cards also carried designs or were visible in retail display. en-us Wed, 28 Nov 2001 00:00:00 +0530 Wed, 22 Sep 2010 13:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51051 Hanging cards used to hold and pack blade sets were treated as packing material, not advertising material, because their primary function was to support the packaged product and their cost formed part of the assessable value of the final product. The presence of printed matter or a display function did not, by itself, defeat Modvat eligibility. Since Rule 57B allowed credit on packing material whose cost was included in the product value, Modvat credit was admissible and could not be denied merely because the cards also carried designs or were visible in retail display. Case-Laws Central Excise Wed, 28 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51051