https://www.taxtmi.com/caselaws?id=82609 Modvat credit eligibility for abrasive coated paper belts or aloxide paper used in plywood processing depended on whether they constituted excluded tools or appliances under Rule 57A. Competing views treated the material either as a sanding tool or machine accessory, or as a consumable input that wears out during manufacture and cannot be excluded by analogy unless specifically listed. The divergence required consideration by a larger Bench. No final determination of Modvat entitlement was made; authoritative resolution was deferred to the larger Bench. The stated principle is that an exclusion clause cannot be extended by analogy beyond its specified items. en-us Mon, 14 Jun 1993 00:00:00 +0530 Wed, 06 Jul 2011 12:39:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82609 Modvat credit eligibility for abrasive coated paper belts or aloxide paper used in plywood processing depended on whether they constituted excluded tools or appliances under Rule 57A. Competing views treated the material either as a sanding tool or machine accessory, or as a consumable input that wears out during manufacture and cannot be excluded by analogy unless specifically listed. The divergence required consideration by a larger Bench. No final determination of Modvat entitlement was made; authoritative resolution was deferred to the larger Bench. The stated principle is that an exclusion clause cannot be extended by analogy beyond its specified items. Case-Laws Central Excise Mon, 14 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82609