30th Meeting of Customs & Central Excise Advisory Council - Whether bladders, air bags, shaper tubes and curing bags can be treated as input under Rule 57A - Point regarding
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Input classification: reusable tyre moulding implements are not eligible for Modvat credit under Rule 57A. Devices such as bladders, air bags, shaper tubes and curing bags used inside tyres during vulcanisation are removed and reused repeatedly; by their repeated use and function they are akin to an appliance/apparatus/equipment and therefore do not qualify as inputs for Modvat credit under Rule 57A. Field formations are to be informed of this clarification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Input classification: reusable tyre moulding implements are not eligible for Modvat credit under Rule 57A.
Devices such as bladders, air bags, shaper tubes and curing bags used inside tyres during vulcanisation are removed and reused repeatedly; by their repeated use and function they are akin to an appliance/apparatus/equipment and therefore do not qualify as inputs for Modvat credit under Rule 57A. Field formations are to be informed of this clarification.
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