https://www.taxtmi.com/caselaws?id=82543 Consumable gases used essentially in bulb manufacture were held eligible for Modvat credit because oxygen functioned as a consumable aid in multiple production stages and hydrogen served as a protective gas in annealing. Molybdenum wire used as a mandrel for coiling tungsten wire was treated as an appliance and excluded from eligible inputs, so credit on that item was denied on merits. Credit was also allowed on inputs used in glass shells captively consumed in making electric bulbs, as intermediate goods did not lose credit merely because they could be exempt in other contexts. Extended limitation and penalty were held unsustainable for molywire because the declarations disclosed its use and no wilful suppression was shown. en-us Thu, 17 Jun 1993 00:00:00 +0530 Tue, 05 Jul 2011 17:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82543 Consumable gases used essentially in bulb manufacture were held eligible for Modvat credit because oxygen functioned as a consumable aid in multiple production stages and hydrogen served as a protective gas in annealing. Molybdenum wire used as a mandrel for coiling tungsten wire was treated as an appliance and excluded from eligible inputs, so credit on that item was denied on merits. Credit was also allowed on inputs used in glass shells captively consumed in making electric bulbs, as intermediate goods did not lose credit merely because they could be exempt in other contexts. Extended limitation and penalty were held unsustainable for molywire because the declarations disclosed its use and no wilful suppression was shown. Case-Laws Central Excise Thu, 17 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82543