https://www.taxtmi.com/caselaws?id=78791 Materials used as inputs in or in relation to the manufacture of final products remain eligible for Modvat credit under Rule 57A, even when used in the furnace or manufacturing process indirectly. The exclusion clause is confined to machines, machinery, equipment, apparatus, tools, appliances and capital goods, and does not extend to foundary flux, IR, mix, refractories, mortar and similar consumables forming part of production. On that reasoning, such materials are not treated as excluded capital goods and the manufacturer is entitled to credit on them. en-us Thu, 18 Mar 2010 00:00:00 +0530 Fri, 17 Dec 2010 13:30:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78791 Materials used as inputs in or in relation to the manufacture of final products remain eligible for Modvat credit under Rule 57A, even when used in the furnace or manufacturing process indirectly. The exclusion clause is confined to machines, machinery, equipment, apparatus, tools, appliances and capital goods, and does not extend to foundary flux, IR, mix, refractories, mortar and similar consumables forming part of production. On that reasoning, such materials are not treated as excluded capital goods and the manufacturer is entitled to credit on them. Case-Laws Central Excise Thu, 18 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78791