https://www.taxtmi.com/caselaws?id=82740 Coated abrasive used for smoothening wooden articles was treated as a tool, or as part of machinery, rather than a mere consumable. Because its actual use brought it within the exclusion in the explanation to Rule 57A of the Central Excise Rules, it did not qualify as an input for MODVAT credit. The Revenue's appeal therefore succeeded, and credit was denied. en-us Wed, 29 Apr 1992 00:00:00 +0530 Thu, 07 Jul 2011 10:49:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82740 Coated abrasive used for smoothening wooden articles was treated as a tool, or as part of machinery, rather than a mere consumable. Because its actual use brought it within the exclusion in the explanation to Rule 57A of the Central Excise Rules, it did not qualify as an input for MODVAT credit. The Revenue's appeal therefore succeeded, and credit was denied. Case-Laws Central Excise Wed, 29 Apr 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82740