https://www.taxtmi.com/caselaws?id=82079 Duty-paid dry battery cells fitted in quartz wall clocks and time pieces were treated as eligible Modvat inputs because they were essential to the functioning of the marketed product and not a mere accessory. The expression "used in or in relation to manufacture" was read broadly to cover items forming part of the final marketable product supplied at the factory gate. Credit was therefore admissible where the cells were compulsorily supplied with each clock, packed with it, and their value formed part of the assessable value, subject to factual verification of those conditions. en-us Thu, 24 Sep 1992 00:00:00 +0530 Fri, 01 Jul 2011 17:47:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82079 Duty-paid dry battery cells fitted in quartz wall clocks and time pieces were treated as eligible Modvat inputs because they were essential to the functioning of the marketed product and not a mere accessory. The expression "used in or in relation to manufacture" was read broadly to cover items forming part of the final marketable product supplied at the factory gate. Credit was therefore admissible where the cells were compulsorily supplied with each clock, packed with it, and their value formed part of the assessable value, subject to factual verification of those conditions. Case-Laws Central Excise Thu, 24 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82079