https://www.taxtmi.com/caselaws?id=83849 Modvat credit on moly wire used as a mandrel for making tungsten filament was considered in light of a Board clarification treating moly wire as a consumable, not a tool or appliance, because it is capable of one-time use. Although the Bench noted that the merits had been viewed in favour of the Revenue in an earlier decision, it accepted that the clarification was publicly available and was being applied by authorities in favour of assessees. On that basis, denial of Modvat credit was held not to be prima facie justified, and stay was granted with recovery of the duty waived pending disposal. en-us Tue, 29 Nov 1994 00:00:00 +0530 Mon, 18 Jul 2011 13:02:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83849 Modvat credit on moly wire used as a mandrel for making tungsten filament was considered in light of a Board clarification treating moly wire as a consumable, not a tool or appliance, because it is capable of one-time use. Although the Bench noted that the merits had been viewed in favour of the Revenue in an earlier decision, it accepted that the clarification was publicly available and was being applied by authorities in favour of assessees. On that basis, denial of Modvat credit was held not to be prima facie justified, and stay was granted with recovery of the duty waived pending disposal. Case-Laws Central Excise Tue, 29 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83849