https://www.taxtmi.com/caselaws?id=51094 Modvat credit on inputs used in manufacturing finished goods could not be denied merely because the finished goods were later destroyed with departmental permission and duty was remitted under Rule 49. Remission of duty on destroyed goods was not treated as an exemption or as goods chargeable to nil rate of duty for Rule 57C purposes. Since the inputs had already been used in manufacture and the destruction occurred after intimation to the Department, Rule 57C did not apply and the credit remained admissible. en-us Tue, 01 Jan 2002 00:00:00 +0530 Wed, 22 Sep 2010 16:16:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51094 Modvat credit on inputs used in manufacturing finished goods could not be denied merely because the finished goods were later destroyed with departmental permission and duty was remitted under Rule 49. Remission of duty on destroyed goods was not treated as an exemption or as goods chargeable to nil rate of duty for Rule 57C purposes. Since the inputs had already been used in manufacture and the destruction occurred after intimation to the Department, Rule 57C did not apply and the credit remained admissible. Case-Laws Central Excise Tue, 01 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51094