A distinction has to be made between the term ‘by-product’ and ...
Understanding By-Products vs. Waste: When Valuable Materials Become Disposables.
April 18, 2012
Case Laws Central Excise AT
A distinction has to be made between the term ‘by-product’ and the term ‘waste.’ - The by-product would be waste only if it is of no value or negligible value something which the manufacture would want to get rid of - AT
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