https://www.taxtmi.com/caselaws?id=53412 Modvat credit on packing containers used for undenatured ethyl alcohol was held inadmissible because the final product cleared from the factory was an exempted product. The relevant excise distinction was the actual character of the goods cleared, namely denatured or undenatured alcohol, and not the common tariff heading. Since undenatured ethyl alcohol was fully exempt from duty, Rule 57C of the Central Excise Rules, 1944 barred credit where inputs were used in relation to exempt final products. The initial taking of credit did not override this statutory prohibition once the exempt nature of the clearances was established. en-us Thu, 29 Apr 2004 00:00:00 +0530 Wed, 13 Oct 2010 12:35:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53412 Modvat credit on packing containers used for undenatured ethyl alcohol was held inadmissible because the final product cleared from the factory was an exempted product. The relevant excise distinction was the actual character of the goods cleared, namely denatured or undenatured alcohol, and not the common tariff heading. Since undenatured ethyl alcohol was fully exempt from duty, Rule 57C of the Central Excise Rules, 1944 barred credit where inputs were used in relation to exempt final products. The initial taking of credit did not override this statutory prohibition once the exempt nature of the clearances was established. Case-Laws Central Excise Thu, 29 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53412