https://www.taxtmi.com/caselaws?id=51790 Duty on durable and returnable chlorine containers was held eligible for Modvat credit because Rule 57A denied credit only where packing material cost was not included in the assessable value of the final product. The cost of such containers may be recovered progressively through amortisation in the price of chlorine, and that commercial method still amounts to inclusion of the container cost in the sale price. Revenue could not reject amortisation merely because the entire container value was not charged at each sale, so credit was allowed and consequential relief followed. en-us Tue, 12 Nov 2002 00:00:00 +0530 Tue, 28 Sep 2010 12:41:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51790 Duty on durable and returnable chlorine containers was held eligible for Modvat credit because Rule 57A denied credit only where packing material cost was not included in the assessable value of the final product. The cost of such containers may be recovered progressively through amortisation in the price of chlorine, and that commercial method still amounts to inclusion of the container cost in the sale price. Revenue could not reject amortisation merely because the entire container value was not charged at each sale, so credit was allowed and consequential relief followed. Case-Laws Central Excise Tue, 12 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51790