2004 (1) TMI 148

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....cerine in tankers for manufacture of Refined Glycerine. In transit, the impurity contained in Crude Glycerine settles down as insoluble residue is washed out of the tanker inside the factory. The issue is whether the Modvat credit on Crude Glycerine is required to be proportionately reduced, in view of the fact that the insoluble residue is washed away and not used in the manufacturing process of ....

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....cture of the finished goods. (iii)      In following cases, full credit has been allowed despite reduction in weight of input due to drying in transit :- (a)      M/s. P.K.P.N. Spinning Mills Ltd., v. Commissioner of Central Excise, Coimbatore [1997 (89) E.L.T. 588 (T)] (b)      Commissioner of Central Excise, Rajk....