https://www.taxtmi.com/caselaws?id=81156 Modvat credit was treated as unavailable for chemicals used to make moulds and cores because those moulds were not inputs of the final product and fell within the exclusion for plant, machinery, tools or appliances under Rule 57A. By contrast, chemicals used for heat treatment and treatment of molten metal were said to be essential to manufacture grey iron castings, and the brief, non-speaking denial of credit on that point required factual verification. The matter on those chemicals was therefore sent back for fresh adjudication, while credit for mould-making chemicals remained disallowed. en-us Fri, 10 Nov 1989 00:00:00 +0530 Wed, 22 Jun 2011 17:38:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81156 Modvat credit was treated as unavailable for chemicals used to make moulds and cores because those moulds were not inputs of the final product and fell within the exclusion for plant, machinery, tools or appliances under Rule 57A. By contrast, chemicals used for heat treatment and treatment of molten metal were said to be essential to manufacture grey iron castings, and the brief, non-speaking denial of credit on that point required factual verification. The matter on those chemicals was therefore sent back for fresh adjudication, while credit for mould-making chemicals remained disallowed. Case-Laws Central Excise Fri, 10 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81156