https://www.taxtmi.com/caselaws?id=78674 Oxygen and acetylene gas used to cut scrap into smaller pieces for feeding into the furnace was treated as an input used in relation to manufacture, because it formed part of the integrated manufacturing process for producing steel ingots and steel castings. Rule 57A allowed Modvat credit on inputs used directly or indirectly in relation to manufacture, and the exclusion for machinery and other capital goods under Section 57B did not apply to such consumable materials. The gas therefore qualified for Modvat credit, and the reference was answered in favour of the assessee. en-us Thu, 18 Mar 2010 00:00:00 +0530 Wed, 08 Dec 2010 16:15:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78674 Oxygen and acetylene gas used to cut scrap into smaller pieces for feeding into the furnace was treated as an input used in relation to manufacture, because it formed part of the integrated manufacturing process for producing steel ingots and steel castings. Rule 57A allowed Modvat credit on inputs used directly or indirectly in relation to manufacture, and the exclusion for machinery and other capital goods under Section 57B did not apply to such consumable materials. The gas therefore qualified for Modvat credit, and the reference was answered in favour of the assessee. Case-Laws Central Excise Thu, 18 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78674