https://www.taxtmi.com/caselaws?id=82828 A tool kit supplied with a hydraulic excavator was treated as an accessory, not an integral part of the machine, because it did not participate in the manufacturing process and was merely a bought-out item. On that basis, it was not used in or in relation to manufacture and therefore did not qualify as an eligible input for MODVAT credit under Rule 57A of the Central Excise Rules, 1944. The issue was decided against the assessee and in favour of Revenue. A separate challenge relating to assessable value under the excise valuation provision was left to be pursued independently. en-us Thu, 28 Oct 1993 00:00:00 +0530 Thu, 07 Jul 2011 15:59:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82828 A tool kit supplied with a hydraulic excavator was treated as an accessory, not an integral part of the machine, because it did not participate in the manufacturing process and was merely a bought-out item. On that basis, it was not used in or in relation to manufacture and therefore did not qualify as an eligible input for MODVAT credit under Rule 57A of the Central Excise Rules, 1944. The issue was decided against the assessee and in favour of Revenue. A separate challenge relating to assessable value under the excise valuation provision was left to be pursued independently. Case-Laws Income Tax Thu, 28 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82828