https://www.taxtmi.com/caselaws?id=52458 Rule 57D preserved Modvat credit on inputs even where part of the inputs emerged in manufacture as waste, refuse or by-product, including waste cleared at nil rate or as exempt scrap. Exemption from central excise duty on waste and scrap could not be denied solely because Modvat credit had been taken on the inputs. The Tribunal noted that availing credit did not affect eligibility to the exemption notifications for the waste products, and the denial of exemption was therefore unsustainable. en-us Mon, 27 Oct 2003 00:00:00 +0530 Wed, 06 Oct 2010 10:02:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52458 Rule 57D preserved Modvat credit on inputs even where part of the inputs emerged in manufacture as waste, refuse or by-product, including waste cleared at nil rate or as exempt scrap. Exemption from central excise duty on waste and scrap could not be denied solely because Modvat credit had been taken on the inputs. The Tribunal noted that availing credit did not affect eligibility to the exemption notifications for the waste products, and the denial of exemption was therefore unsustainable. Case-Laws Central Excise Mon, 27 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52458