Removal of waste and scrap arising out of the inputs on which Modvat credit has been taken - Instructions regarding

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..... inance (Department of Revenue) Central Board of Excise & Customs, New Delhi Subject : Removal of waste and scrap arising out of the inputs on which Modvat credit has been taken - Instructions regarding. I am directed to invite your attention to the Board's instructions contained in Cir. No. l5/89-CX.8, dated 19-4-1989 (F.No. 261/76/2/88-CX.8) and in Cir. No. 267/48/90-CX.8, dated 21-6-1990 vide .....

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..... ions necessary for the manufacture of final products or for manufacture and return of the intermediate products to the factory for further use in the manufacture of final product. Rule 57F (2) does not cover removal of waste or scrap outside the factory. Such removal of waste and/or scrap is instead governed by the provisions of Rule 57F(4) . It has, therefore, been decided to withdraw the afores .....

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