https://www.taxtmi.com/caselaws?id=75999 Glass coated cloth used in manufacture qualified for Modvat credit under Rule 57A because the scheme covers inputs used in or in relation to manufacture, whether directly or indirectly, even if they do not form part of the finished product. Rule 57B excludes only specified categories such as capital goods and similar items, so an input with a manufacturing nexus remains eligible unless expressly barred. The credit was therefore admissible, and the question was answered in favour of the assessee and against the revenue. en-us Thu, 18 Mar 2010 00:00:00 +0530 Sat, 29 May 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75999 Glass coated cloth used in manufacture qualified for Modvat credit under Rule 57A because the scheme covers inputs used in or in relation to manufacture, whether directly or indirectly, even if they do not form part of the finished product. Rule 57B excludes only specified categories such as capital goods and similar items, so an input with a manufacturing nexus remains eligible unless expressly barred. The credit was therefore admissible, and the question was answered in favour of the assessee and against the revenue. Case-Laws Central Excise Thu, 18 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75999