https://www.taxtmi.com/caselaws?id=52621 Modvat credit on paper tubes used for winding yarn was treated as admissible because packing materials fall within the definition of inputs under Rule 57A, and the exclusion applies only where Revenue shows that the cost of such material was not included in the assessable value of the final product or the preceding year. The record contained no substantiating evidence that the tubes' cost was outside the tariff value or assessable value, and presumptions were insufficient. On that basis, the credit claim succeeded and the Revenue challenge failed. en-us Tue, 18 Nov 2003 00:00:00 +0530 Wed, 06 Oct 2010 18:28:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52621 Modvat credit on paper tubes used for winding yarn was treated as admissible because packing materials fall within the definition of inputs under Rule 57A, and the exclusion applies only where Revenue shows that the cost of such material was not included in the assessable value of the final product or the preceding year. The record contained no substantiating evidence that the tubes' cost was outside the tariff value or assessable value, and presumptions were insufficient. On that basis, the credit claim succeeded and the Revenue challenge failed. Case-Laws Central Excise Tue, 18 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52621