https://www.taxtmi.com/caselaws?id=51057 Irrecoverable or invisible loss of inputs at a job-worker's premises was held to fall within Rule 57D, so Modvat credit did not require reversal merely because the resulting waste or scrap was not returned to the principal manufacturer. Rule 57F(4), which deals with waste arising during processing and its return or duty-paid clearance, was treated as applicable only to waste actually generated at the job-worker's end. On that footing, broken or lost material could not be treated as reversible waste under Rule 57F, and the demand for reversal of credit was unsustainable. en-us Wed, 26 Dec 2001 00:00:00 +0530 Wed, 22 Sep 2010 14:09:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51057 Irrecoverable or invisible loss of inputs at a job-worker's premises was held to fall within Rule 57D, so Modvat credit did not require reversal merely because the resulting waste or scrap was not returned to the principal manufacturer. Rule 57F(4), which deals with waste arising during processing and its return or duty-paid clearance, was treated as applicable only to waste actually generated at the job-worker's end. On that footing, broken or lost material could not be treated as reversible waste under Rule 57F, and the demand for reversal of credit was unsustainable. Case-Laws Central Excise Wed, 26 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51057