https://www.taxtmi.com/caselaws?id=54699 Modvat credit could not be denied on liquid carbon dioxide lost as process loss during storage, transfer and cylinder filling, because the wastage arose from the nature of the commodity and the manufacturing process, including spillage, pipeline loss, handling loss, evaporation, pressure venting, valve defects and recycling operations. Such unavoidable loss was treated as process loss in the course of use of inputs in or in relation to the final product, and Rule 57D of the Central Excise Rules, 1944 protected credit for that loss. Credit on the disputed quantity was therefore allowed and the Revenue's appeal failed. en-us Mon, 21 Nov 2005 00:00:00 +0530 Thu, 21 Oct 2010 15:43:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54699 Modvat credit could not be denied on liquid carbon dioxide lost as process loss during storage, transfer and cylinder filling, because the wastage arose from the nature of the commodity and the manufacturing process, including spillage, pipeline loss, handling loss, evaporation, pressure venting, valve defects and recycling operations. Such unavoidable loss was treated as process loss in the course of use of inputs in or in relation to the final product, and Rule 57D of the Central Excise Rules, 1944 protected credit for that loss. Credit on the disputed quantity was therefore allowed and the Revenue's appeal failed. Case-Laws Central Excise Mon, 21 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54699