https://www.taxtmi.com/caselaws?id=82272 Oxygen and acetylene gases used in manufacturing transformers were treated as eligible inputs for MODVAT credit under Rule 57A because they operated as consumables in the manufacturing process and did not fall within the excluded category in the proviso. The analysis relied on earlier Tribunal decisions and a trade notice recognising such gases, when used for cutting and welding, as consumables used in manufacture. On that basis, credit was admissible and the denial of MODVAT credit was set aside. en-us Thu, 26 Nov 1992 00:00:00 +0530 Mon, 04 Jul 2011 10:48:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82272 Oxygen and acetylene gases used in manufacturing transformers were treated as eligible inputs for MODVAT credit under Rule 57A because they operated as consumables in the manufacturing process and did not fall within the excluded category in the proviso. The analysis relied on earlier Tribunal decisions and a trade notice recognising such gases, when used for cutting and welding, as consumables used in manufacture. On that basis, credit was admissible and the denial of MODVAT credit was set aside. Case-Laws Central Excise Thu, 26 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82272