Modvat credit on printer ribbons and conflicting Tribunal views led to reference for Larger Bench consideration.

Ribbons used with line printers were considered for Modvat credit on the question whether they qualified as inputs used in, or in relation to, the manufacture of the final product. A conflict in Tribunal decisions on that eligibility issue was noted, and the matter was referred to the Hon'ble President for consideration by a Larger Bench.

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Issues: Whether ribbons used with line printers were eligible for Modvat credit as inputs used in or in relation to the manufacture of the final product, and whether the conflict in Tribunal decisions warranted reference to a Larger Bench.

Outcome: The matter was referred to the Hon'ble President for consideration by a Larger Bench.

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