https://www.taxtmi.com/caselaws?id=76000 Wire mesh and felt cloth used in the manufacture of paper and paper board were treated as inputs eligible for Modvat credit under Rule 57A because the rule extends credit to inputs used in or in relation to manufacture, directly or indirectly. The exclusion in Rule 57B for machines, machinery, equipment, tools, appliances and capital goods did not apply on the facts, as the disputed items were used in the manufacturing process and were not treated as capital goods. The analysis relied on earlier authority recognising that materials functioning as inputs in manufacture can qualify for credit. 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=76000 Wire mesh and felt cloth used in the manufacture of paper and paper board were treated as inputs eligible for Modvat credit under Rule 57A because the rule extends credit to inputs used in or in relation to manufacture, directly or indirectly. The exclusion in Rule 57B for machines, machinery, equipment, tools, appliances and capital goods did not apply on the facts, as the disputed items were used in the manufacturing process and were not treated as capital goods. The analysis relied on earlier authority recognising that materials functioning as inputs in manufacture can qualify for credit. Case-Laws Central Excise Thu, 18 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76000