https://www.taxtmi.com/caselaws?id=76744 Parts of machinery used in or in relation to the manufacture of final products were treated as eligible inputs for Modvat credit under Rule 57A, because the provision allowed credit for materials used directly or indirectly in manufacture and excluded only machines, machinery, equipment, apparatus, tools, appliances and capital goods. The Court applied the settled principle that material used in manufacture qualifies as an input, including machinery parts where they form part of the manufacturing process. On that basis, the manufacturer was entitled to credit on the disputed parts of machinery. en-us Mon, 22 Mar 2010 00:00:00 +0530 Fri, 29 Oct 2010 14:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76744 Parts of machinery used in or in relation to the manufacture of final products were treated as eligible inputs for Modvat credit under Rule 57A, because the provision allowed credit for materials used directly or indirectly in manufacture and excluded only machines, machinery, equipment, apparatus, tools, appliances and capital goods. The Court applied the settled principle that material used in manufacture qualifies as an input, including machinery parts where they form part of the manufacturing process. On that basis, the manufacturer was entitled to credit on the disputed parts of machinery. Case-Laws Central Excise Mon, 22 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76744