https://www.taxtmi.com/caselaws?id=51640 Duty-paid inputs subjected to electro-deposition coating before clearance were not removed as such, so reversal of Modvat credit alone did not discharge the excise liability. The applicable Modvat scheme required duty to be paid on the value of the processed goods, including the cost of coating, although credit on the coating material could be taken subject to verification. On the facts, the penalty issue did not warrant penal consequence, so the penalty was deleted while the duty demand was sustained. en-us Thu, 12 Dec 2002 00:00:00 +0530 Mon, 27 Sep 2010 12:30:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51640 Duty-paid inputs subjected to electro-deposition coating before clearance were not removed as such, so reversal of Modvat credit alone did not discharge the excise liability. The applicable Modvat scheme required duty to be paid on the value of the processed goods, including the cost of coating, although credit on the coating material could be taken subject to verification. On the facts, the penalty issue did not warrant penal consequence, so the penalty was deleted while the duty demand was sustained. Case-Laws Central Excise Thu, 12 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51640